Commodity & Energy
The commodity and energy markets cover a plethora of products, trading dynamics and varying levels of liquidity. ICE’s proprietary technology processes a broad range of market information on an intraday basis and generates theoretical prices and volatility surfaces across liquid and thinly traded markets.
Data Derivatives
Benefits
Update Frequency
- Intraday theoretical prices are published during entire trading session and refreshed up to every second, depending on market volatility. (e.g. Brent prices are currently published 60k times a day)
- Intraday volatility surface snapshots published each minute during the trading session in delta pillar and moneyness.
Data Coverage
- Energy including Oil, NGL, Power, Gas, Coal, Emission, LNG and Freight
- Metals including base, precious, ferrous
- Agricultural products including soft, grain, dairies
Methodology
- Inputs used to generate the data include exchange and off-exchange market data on futures, time spreads, swaps, cracks, differentials and options.
- Data generation process is based on algorithms linked to product market dynamics.
Update Frequency
- Intraday theoretical prices are published during entire trading session and refreshed up to every second, depending on market volatility. (e.g. Brent prices are currently published 60k times a day)
- Intraday volatility surface snapshots published each minute during the trading session in delta pillar and moneyness.
Data Coverage
- Energy including Oil, NGL, Power, Gas, Coal, Emission, LNG and Freight
- Metals including base, precious, ferrous
- Agricultural products including soft, grain, dairies
Methodology
- Inputs used to generate the data include exchange and off-exchange market data on futures, time spreads, swaps, cracks, differentials and options.
- Data generation process is based on algorithms linked to product market dynamics.
Multiple use-cases
Helping asset managers, banks, commodity traders and compliance managers across the front, middle and back office.
Front Office
- Helps support business decisions with intraday market insight on thinly traded products
- Supports the creation of structures such as boxes, fly, refinery margins
Middle Office & Risk
- Allows calculation of End-of-Day risk at specific times with consistent market data
- Can help add operational control over your trader/PM book risk and P&L through the entire day
- Allows for Best Execution analysis by comparing executed price against independent market data
Access
Enterprise License
- Via our Consolidated Feed API
- Via our Data File Service
Individual License
- Via our Connect Data Terminal
- Via our add in for Excel®
ICE Portfolio Analytics
Unique pricing and risk management for managing ETD & OTC commodity and energy positions.
Benefits
- A cross-asset system covering ETD (future, vanilla, APO, CSO), Corporate Hedges (Swap, Asian, Gas Formula, Spread Option), investors flow/strategies (Barrier, Variance, Swap, Accumulator)
- Wide product coverage including Energy (Oil, NGL, Gas, Power, LNG, Coal, Emission, Freight), Metals (Base, Precious, Ferrous), Agriculture (Soft, Grain Dairies), FX, Rates and Credit