One very important requirement in commodity trading is, of course, market data. Last week, I was introduced to a market data provider on the Ags side of things called AgFlow. Based in Geneva, Switzerland, AgFlow got started in 2013 taking in new investment last year in order to redevelop a newer digital platform. I talked with James Matthews, Head of Growth and learned that AgFlow is in grains, oilseeds and vegetable oils and other agricultural commodities specifically aggregating private data and providing it to clients as a data source for active market participants. “We started by focusing on cash prices but have procured many private data sources now. All of our sources are transparent and include over 100 brokers, for example. Through time we have added other data like import-export flows, freight indications, and cash forward curves, and so on,” he told me. AgFlow has also moved into the risk space this year offering an AI-based solution around its fundamental pricing data comprising over 150,000 different prices per month. The algorithm is the main input to a complete forward curve to use a proxy for VaR and MTM calculations that extend 12-months out. “We have seen a big need and… continue reading
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