Frankfurt am Main, 22 June 2021 – The international commercial law firm BEITEN BURKHARDT has provided comprehensive legal advice to Trayport Limited, headquartered in London, on the acquisition of Tradesignal GmbH, a leading provider of rule-based energy trading and analysis solutions based in Bremen. The parties have agreed not to disclose the transaction volume. Trayport Limited is the primary network and data platform for the European wholesale energy markets. Trayport's solutions are used worldwide in multiple asset classes by traders, brokers and stock exchanges across OTC and cleared markets. 

Trayport Limited is a wholly-owned subsidiary of TMX Group Limited (TMX Group). The acquisition of Tradesignal is another milestone in Trayport's growth strategy. Both companies have worked together in the past. Tradesignal develops software solutions for rule-based energy trading and technical chart analysis. The Bremen-based company thus strengthens Trayport's ambitions to further establish automated trading strategies in the markets. 

Advisor to Trayport Limited:

BEITEN BURKHARDT: Dr Guido Ruegenberg (Corporate/M&A), Dr Andreas Lober (IP/IT/Media, both in charge), Dr Gerald Müller-Machwirth (Labour Law), André Suttorp (Tax), Rainer Süßmann (Finance/Regulatory, all Frankfurt am Main) and Christoph Heinrich (Regulatory, Munich).

Advisor to Shareholders of Tradesignal GmbH: Arne Bruhns (BDO, Oldenburg)

CONTACT
Dr Guido Ruegenberg
Phone: +49 69 75 60 95 – 393
E-mail: Guido.Ruegenberg@bblaw.com