Fastmarkets Taps TMX Trayport to Build Digital Trading Infrastructure for Lithium Market

Fastmarkets chooses TMX Trayport as technology partner for lithium market infrastructure

LONDON, Sept. 16, 2026 /PRNewswire/ — Fastmarkets today announced its collaboration with TMX Trayport, a global provider of trading networks, platforms and solutions, to underpin Fastmarkets Connect, its digital platform for the physical lithium market. This brings together Fastmarkets’ lithium market expertise with TMX Trayport’s established technology, to create trusted digital infrastructure with greater transparency, connectivity and access to spot liquidity.

Fastmarkets Connect is the new name for the digital price discovery and deal initiation proposition announced in June at the Global Lithium, Battery & Critical Materials conference in Las Vegas.

TMX Trayport’s technology is widely used across established commodity markets, including energy, environmental markets and bulk commodities. By working with TMX Trayport, Fastmarkets will bring proven market infrastructure to the lithium sector, where electronic price discovery and deal initiation mechanisms remain less developed than in many more mature commodity markets.

This collaboration marks the next stage in the development of the platform to support electronic price discovery. Fastmarkets Connect is being designed to support bilateral deal initiation, improve market transparency, standardization and connect participants across the lithium supply chain. Fastmarkets Connect aims to contribute to the continued development of lithium market infrastructure.

Under the arrangement, TMX Trayport will provide the platform technology, while Fastmarkets will operate Fastmarkets Connect and oversee its governance, development and market engagement. The development of the platform is in consultation with an industry advisory group of market participants from across the lithium value chain. 

Raju Daswani, CEO of Fastmarkets, said:

We selected TMX Trayport because of its proven ability to support complex commodity markets with trusted, scalable technology.

”Their experience in market connectivity and enabling digital execution, combined with Fastmarkets’ lithium expertise, gives Fastmarkets Connect a strong foundation to support a more efficient and connected physical lithium market,”

Matt Brief, president of TMX Trayport, said:

We’re excited for the opportunity to introduce our proven digital market technology solutions into a sector where electronic workflows and market networks are still in their infancy,

“We look forward to working with Fastmarkets to design and deliver foundational infrastructure to the rapidly evolving lithium market, helping it become more connected, transparent and efficient.”

Fastmarkets’ IOSCO-compliant benchmark prices are essential to physical lithium contracts and act as the settlement reference for futures listed on the CME, London Metal Exchange, ICE and SGX. The platform complements that pricing expertise with a digital space to discover prices and initiate deals and is being built with input from an advisory group of industry participants.

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Fastmarkets chooses TMX Trayport as technology partner for lithium market infrastructure, source