enechain Launches “eSquare Live” for online wholesale electricity trading

enechain has launched “eSquare Live,” a significantly upgraded online marketplace for wholesale electricity trading where power generators, electricity retailers, and traders can trade various products in real-time, from spot to futures markets. It introduces the first algorithm in Japan capable of instant execution for wholesale electricity hedge trading, representing a major evolution from the traditional eSquare platform.

Since the liberalization in 2016, Japan’s wholesale electricity market has seen remarkable growth in liquidity, with trading speeds increasingly accelerating. As market liquidity is expected to continue expanding, market participants have been calling for an “automated trading marketplace capable of instant execution.”

In response to these needs from trading participants, enechain has revamped the traditional eSquare’s functions and launched “eSquare Live” with automatic execution capabilities. The company will continue to support swift, efficient, and sophisticated power product trading by generators, retailers, and traders, contributing to the development of Japan’s electricity market.

Value Proposition of eSquare Live

Trading participants can benefit from eSquare Live in the following ways:

• Optimize profits instantly without missing trading opportunities: Participants can execute trades in real-time through the newly implemented automatic execution algorithm, allowing them to optimize their portfolio and profits without missing opportunities.
• Easy trading of spot and futures products on a single platform: Participants can trade all products from spot to futures in one place, eliminating the need to monitor multiple products separately and enabling efficient trading.
• Streamline operations and prevent errors: Participants can automate data transfer to third-party systems using downloadable data and future API integrations, reducing manual input effort and errors while improving operational efficiency.

Future plans include expanding API connectivity, providing real-time data, mobile support, and other functional improvements to enhance user convenience.

enechain’s mission is to realize a prosperous economy and sustainable society in Japan through a fair market open to everyone, enabling the exchange of all energy values from electricity to fuel and environmental values. enechain’s main wholesale electricity trading volume is approaching 2 trillion yen in total, helping minimize the impact of global energy price fluctuations on Japan’s power industry and contributing to economic stability. Environmental value trading, which began last year, is steadily growing in both volume and participating businesses, supporting the realization of a decarbonized society.

“eSquare Live” represents a significant step toward realizing enechain’s mission. The company will continue to strive toward creating a more extensive and convenient market that remains open to everyone.

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