The company said www.redmeteor.com is the first energy e-trading site to offer buying and selling neutrality, multiple commodity options, personalized customization, breaking industry news, real-time trading communications, and universal data compatibility all on a single platform.

“We have designed a system that responds to the needs of a market where energy commodities traders currently must monitor an average of four or more screens on their desks to make trading decisions, and still trade on the floor in person, by phone, or by facsimile,” said Vincent DiCosimo, ceo of RedMeteor.com.