Accelerating the Green Transition Through Smarter Trading

What We Do

Building the future of European energy trading

European Markets

Active across multiple European power markets — operating in both day-ahead and intraday trading.

Algorithmic Trading

Our strategies are fully automated, powered by real-time data processing and advanced quantitative models built in-house.

Technology-First

Every system is designed and built internally. From data pipelines to execution engines, our technology is our edge.

Our Story

Founded in 2025 in Copenhagen, Denmark by a tight-knit team of energy professionals, we bring together diverse expertise to create something new in energy markets through technology.

Global Experience

From trading houses spanning Chicago, Aarhus, and Copenhagen -- we bring a breadth of perspective to European energy markets.

Deep Backgrounds

Experience from proprietary trading firms, commodity trading houses, and Big Four consulting shapes our strategic and analytical edge.

Hybrid Approach

We know both discretionary trading and how to build fully automated systems -- and we combine the best of each.

Our name, Tilde (~), represents the mathematical symbol for approximation and equivalence -- reflecting our approach to finding balance in volatile markets and our commitment to precision in an uncertain world.

Our Mission
Bring intelligence and reliability to European energy markets.

We specialize in intraday and day-ahead power trading — ensuring energy is traded efficiently up to the last minute.

By combining technology with deep market expertise, we deliver consistent value and support the energy transition.

Our Team

The founders building Tilde

Christian Togsverd

Christian Togsverd

Co-Founder

Experienced quantitative trader from commodity trading firms in Aarhus and American HFT and proprietary trading firms, focusing on power, gas, and carbon trading.

Strategy Algorithmic Trading System Architecture Quantitative Development
Christian Spelmann Ronberg

Christian Spelmann Ronberg

Co-Founder

Accomplished management consultant specializing in energy market structure, regulatory frameworks, and strategic advisory for TSOs and private clients across European markets.

Risk Management Finance Business Development Compliance
Kasper Juhl Nielsen

Kasper Juhl Nielsen

Co-Founder

Experienced intraday trader with a strong track record from a leading trading house in Denmark. Combines coding skills with sharp strategic thinking and robust risk management.

Intraday Power Trading Market Strategy Operations Market Analysis

Our Values

Curiosity

We question everything and explore new possibilities. We learn from our mistakes and from each other, turning setbacks into insights.

Reliability

Trust is earned through consistency. We hold ourselves to the highest ethical standards in everything we do.

Efficiency

We cut complexity, eliminate friction, and scale what works -- staying ahead in fast-moving markets.

Where We Trade

A proud Balance Responsible Party across 5 European countries — operating in both day-ahead and intraday power markets.

European Market Map
DK1 DK2 GB NL FR IE

Markets & Focus

Day-Ahead Power

We forecast price movements and optimize positions to enhance market efficiency across the European grid.

Intraday Power

We trade continuously on the delivery day, helping balance the system as supply and demand shift in real time.

Future Expansion

We aim to broaden our presence across energy markets, capturing new opportunities and supporting the energy transition.