OTC GLOBAL HOLDINGS ANNOUNCES THEIR PARTNERSHIP WITH TECHNICAL ANALYSIS SOFTWARE PROVIDER UPDATA
LONDON (11 June 2020) – OTC Global Holdings (OTCGH), the leading independent interdealer broker in over-the-counter commodities, has further expanded its data services with the announcement of their partnership with technical analysis and charting software provider, Updata.
Updata was founded over 20 years ago with the aim of delivering the best technical analysis software running on as many data sources as possible. Updata’s software is used by professional traders and analysts in over 50 countries and has won the award for best Technical Analyst Platform on numerous occasions. Updata Analytics is widely used by energy traders globally for its pre-trade analysis and price prediction capabilities. The system comes with over 1,000 built in custom indicators and trading strategies. Reports can also be automated with modelled prices, curves and historical curves overlaid on charts.
“We are excited about our partnership with Updata and we look forward to working with them”, commented Campbell Faulkner, Senior Vice President and Chief Data analyst at OTC Global Holdings (EOXLive).
“Updata Analytics is a cost-effective desktop software solution adding an extra dimension for traders, analysts, and risk managers when utilising OTC Global Holdings (EOXLive) data products” he added.
“We are delighted to have integrated OTC Global Holdings (EOXLive) data products into Updata Analytics. The depth and breadth of the data for crude oil, refined products, natural gas and power with curves far out into the future is unrivalled. This will add a powerful extra for Updata Analytics users in the energy trading community.” David Linton, CEO Updata.
As with all OTCGH Market Data products the data reports draw from the deep liquidity of OTCGH’s breadth of brokerages and leverage the company’s well-known EOXLive broking/trading platform. This is combined with algorithmic modelling to ensure consistent, unbiased, and robust datasets. The superior approach removes the externalities found in hand marked broker curves while also combining superior model inputs lacking in third party price reporting agencies.
OTC Global Holdings (EOXLive) is continuously expanding its suite of data resources which currently includes end-of-day forward curve reports for: North American (NA) Natural Gas Basis and Power forward curves each with 120 months of monthly granularity, NA Natural Gas implied volatilities covering basis options markets data, Power implied volatilities covering NA electricity options, global Natural Gas Liquids forward curves, NA Power/Natural Gas forward correlations, global Crude Oil forward curves, global Coal forward curves, global Freight forward curves, European NGLs, global Refined Products, European Crude Oil, Refined Products forward curves and European Natural Gas & Power forward curves.
For more information about OTCGH please visit www.otcgh.com and to learn more about EOXLive, visit the www.otcgh.com/eox or contact EOXLive via email at operations@eoxlive.com or phone: 877-737- 8511.
About OTC Global Holdings
Formed in 2007, OTC Global Holdings has become the world’s largest independent institutional broker of commodities, covering financial and physical instruments from offices in Chicago, Des Moines, Geneva, Houston, London, Louisville, New Jersey, New York and Singapore. The company is a leading liquidity provider on CBOT, ICE, NYMEX and NFX, ranking number one amongst its peers in numerous derivatives contracts across biofuels, emissions, commodity index products, crude oil, natural gas, natural gas liquids (NGLs), metals, petrochemicals and refined products, power, proppants, soft commodities, and weather derivatives. The company serves more than 450 institutional clients, including over 70 members of the Global Fortune 500, and transacts in hundreds of different commodity delivery points in Asia, Europe and the Americas. To learn more about the company, please visit www.otcgh.com or go to https://player.vimeo.com/video/146686709.
About EOX Holdings LLC
EOX Holdings LLC (EOX) is registered as an Introducing Broker with the National Futures Association (NFA). EOX delivers unique and comprehensive market data, introducing broker (IB) services and the EOXLive platform. EOXLive provides order and trade management, confirms, reporting and clearing for thousands of trader, hedger and market maker accounts. EOXLive Active Markets delivers comprehensive on-screen price discovery while keeping the important human element in the trader and broker relationship. Leveraging the liquidity of nearly 20 brokerage shops across the commodity spectrum, EOXLive customers have transparency and execution capabilities so they can trade like never before. EOX Holdings LLC is a wholly owned subsidiary of OTC Global Holdings.
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