Market Intelligence Network API: Combining Satellite and On-the-Ground Data to Give Commodity Traders an Edge

Greg Bates, November 26th, 2012

Market Intelligence NetworkCommodity traders are always looking for an edge. The Market intelligence Network API could be an indispensable one that now offers the geospatial ability to track ships delivering energy products from coal to oil and natural gas by combining both satellite and shore-based data. By visualizing the flow of oil products and combining that with a wealth of data that includes vessel movement histories, porot data and a wealth of other data.

By exploiting information on the flow of energy, traders can pick up opportunities to trade spikes and drops in futures contracts, as the Market Intelligence Network explains,

“Commodity traders and those who service them require a material competitive edge. Market Intelligence Network is designed to provide that edge, having evolved from the dynamic and complex environment of Front Office Commodity Trading. The ultimate connection of information on assets, trade flows, news events, fundamental analysis and industry networking contacts is your edge in the commodity markets.”

A critical point is that the combined shore and satellite info refresh ship positions more than ten times per day on average, amounting to a critical aspect of any trader’s edge. The database from Information Handling Services purports to be the most comprehensive of its kind, including coverage of over 2,500 ports, and has been continuously published since–get this–the year 1764.

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2 Responses to “Market Intelligence Network API: Combining Satellite and On-the-Ground Data to Give Commodity Traders an Edge”

November 30th, 2012
at 4:01 pm
Comment by: API Spotlight: Big Waves with Swellcast and Commodity Trading With The Market Intelligence Network

[...] Commodity traders may be able to get an edge on shipping information with the Market Intelligence Network API. The API visually shows the flow of oil products and combines that information with movement histories, port data and much more. Furthermore, the API updates the ship locations 10 or more times a day on average by combining shore and satellite information of over 2,500 ports. To learn more about the Market Intelligence Network API visit the Market Intelligence Network site as well as the Market Intelligence Network API blog post. [...]

November 30th, 2012
at 4:30 pm
Comment by: API Spotlight: Big Waves with Swellcast and Commodity Trading With The … | Australia Futures

[...] Commodity traders may be able to get an edge on shipping information with the Market Intelligence Network API. The API visually shows the flow of oil products and combines that information with movement histories, port data and much more. Furthermore, the API updates the ship locations 10 or more times a day on average by combining shore and satellite information of over 2,500 ports. To learn more about the Market Intelligence Network API visit the Market Intelligence Network site as well as the Market Intelligence Network API blog post. [...]

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