A hedge fund company, which manages billions of dollars in AUM, utilized a proprietary analytics platform to help its traders oversee investments in the crude oil and steel sectors. As commodity markets grew more volatile in an unprecedented climate caused by the COVID-19 pandemic, the company needed to ensure that the pricing forecasts generated by its analytics platform were informed by the latest, most widely-accepted pricing benchmarks in the oil and steel markets.
For its oil traders, the company subscribed to Platts Global Alert - Oil, a real-time information service that provides the latest news, market analysis and price indicators for crude oil and refined products and more than 200 end-of-day price assessments – streamed via their Bloomberg terminals. The company also utilized Platts Steel Markets Daily which delivers concise analysis and ferrous metal price assessments.
These pricing benchmarks and analysis were used to inform the company’s analytics platform, helping their traders make key trading and hedging decisions with greater confidence. The company found the real-time snapshots of developments moving global oil and steel markets useful in providing them with greater up-to-the-minute visibility into real-time deals, breaking news, and market analysis on global price assessments.
If you would like to find out more, please contact: Elisha Low, Marketing Manager, Asia Elisha.Low@spglobal.com
