Through the new collaboration, Titan OTC participants can now access Platts’ real-time data and insights on commodities including iron ore, coking coal, steel, aluminium, copper, freight and battery metals all on one platform.
Titan OTC hosts SGX’s as well as its partners’ content and data within its content hub that brings together multi-asset content for the derivatives community.
“The addition of Platts’ data to Titan OTC provides the Asian derivatives community with more information on market fundamentals. With greater access to data, news and actionable insights on one single platform, the community will be further empowered to make well-informed, data-driven trading decisions,” says Daniel Hildebrand, head of digital and depository services at SGX.
"The metals market has evolved significantly over the last decade. We are witnessing the emergence and growing use of both physical spot markets and derivatives, as metals producers and users seek more precise information and analysis in making trading decisions. We believe the inclusion of Platts market leading metals pricing and news in this content partnership will add immense value to the ecosystem, and we look forward to further collaboration with SGX in the essential Asian markets,” adds Joerg Gerth, global head of channel and strategic alliances at S&P Global Platts.
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Shares in SGX closed 22 cents higher or 2.0% up at $11.18 on June 30.
Photo: Bloomberg