Backed by two leading groups, Gaselys was a key player for ten years in gas trading with strong positions in power, oil and products, carbon emissions and coal. It operated in an environment characterized by the liberalization of European energy markets and changes to the regulation of financial services (notably under the MiFID and CAD directives). In 2011, Gaselys merged with Electrabel Trading to create GDF SUEZ Trading, a fully-regulated entity with trading platforms in Paris, Brussels, Rome and Singapore. In 2016, GDF SUEZ Trading became ENGIE Global Markets, a new name reflecting the global scope of its activities and its position of strength at the heart of the ENGIE Group. The quality of Gaselys' shareholders, as reflected in the ratings awarded by the major rating agencies during its existence, represented an additional attraction for its customers and counterparties. That quality of service and proven expertise continues today at ENGIE Global Markets.
