New agreement with Milan-based metals vendor signals proliferation of CLTX market data
Cleartrade Exchange (CLTX), the Singapore Regulated Futures Exchange is pleased to announce that FT Support / FT Mercati, a Milan-based data distributor specialising in metals, has become the latest organisation to connect to and distribute the CLTX Market Data Service (CMDS).
Giuseppe Belfiori of FT Mercati, said: “We are very pleased to add the Cleartrade Exchange metals data to our product offering. Initially we will concentrate on promotion of the Iron Ore and Steel trade statistics and the Cleartrade China Steel Indices data, as we see this as added value to our existing clients, who already take the LME data that we distribute. However we have integrated the entire CMDS feed as we also see value in the wider CLTX data set.”
“The addition of FT Mercati is another positive step forward in the Cleartrade Exchange data distribution strategy and one that we feel provides value to all our data channel partners,” said Bob Antell, Head of Market Data at Cleartrade Exchange. He added: “The group of data vendors which have now engaged with CLTX and have added our data to their own terminal, mobile and charting products is growing rapidly. Metals data, particularly Iron Ore, has been in demand recently, which is not surprising given the continued realised and predicted growth in this market.”
The Cleartrade Exchange Market Data Service consists of several separate data channels, including the core exchange data, Cleartrade Exchange broker member data and index data from CLTX’s joint venture partners.