Platts, CME Group Announce Screen-based Price Assessment Tool for Aluminum Midwest Premium
The online PlattsView MOC communications and visualization tool, which is expected to launch in
CME Group will provide its CME Direct front-end solution as the technology that will give PlattsView its real-time screen view of the price assessment process.
"PlattsView users will benefit from the ease of communication and the at-a-glance view of market activity," said
Platts is actively engaged with market participants as it works to bring this new efficiency tool to its US aluminum price assessment processes and will conduct demonstrations of the tool to the marketplace.
"As regional price dynamics become increasingly important, our collaboration with PlattsView will enhance transparency for the US aluminum community," said
As the world's leading derivatives marketplace, CME Group and its exchanges offer a wide range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. In addition to futures and options trading, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
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About CME Group
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
About S&P Global Commodity Insights
At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value.
We're a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our coverage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts® products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights. S&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global.
S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit https://www.spglobal.com/commodityinsights.
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SOURCE S&P Global Commodity Insights; CME Group