Liv ex Exchange

13
1 Liv-ex Exchange London, Q2 2014

description

The Liv-ex Exchange provides secure, fast and assured trading on the world’s most comprehensive and efficient fine wine trading platform.

Transcript of Liv ex Exchange

Page 1: Liv ex Exchange

1

Liv-ex Exchange

London, Q2 2014

Page 2: Liv ex Exchange

2

Liv-ex Exchange

The Exchange provides secure, fast and assured trading on the world’s most comprehensive and efficient fine wine trading platform.

Members have unrivalled opportunities to trade and scale business through access to the largest pool of fine wine traders available anywhere.

Trading on the Liv-ex Exchange is fully automated and cost effective.

Page 3: Liv ex Exchange

3

What is the Exchange?

The Exchange provides access to the largest pool of trade buyers and sellers globally with 440 members in 35 countries across six continents

The Exchange is data driven, providing access to the most comprehensive market information and price data available.

Access is for members only and is overseen by the membership committee.

Liv-ex is independent; it does not hold stock or deal with private clients.

Better serve customers and scale your business

Page 4: Liv ex Exchange

4

What the Exchange offers

Exchange

Opportunities Number of wines listed 4500

Value of offers £18m

Value of bids £5m+

Daily price changes 20,000

Lines of current and historic price data 25 million

Assurance Standard In-Bond contract Yes

Number of active Counter Parties 440

Efficiency Cost of trades 1% to 2.5%

Trading process Live and on-line

Settlement – on-time and in-full 94%+

Other Private clients Not applicable

Stock held Not applicable

Page 5: Liv ex Exchange

5

Au

g 2

00

9 S

ep

20

09

Oc

t 2

00

9 N

ov

20

09

De

c 2

00

9 J

an

20

10

Fe

b 2

01

0 M

ar

20

10

Ap

r 2

01

0 M

ay

20

10

Ju

n 2

01

0 J

un

20

10

Ju

l 20

10

Au

g 2

01

0 S

ep

20

10

Oc

t 2

01

0 N

ov

20

10

De

c 2

01

0 J

an

20

11

Fe

b 2

01

1 M

ar

20

11

Ap

r 2

01

1 M

ay

20

11

Ma

y 2

01

1 J

un

20

11

Ju

l 20

11

Au

g 2

01

1 S

ep

20

11

Oc

t 2

01

1 N

ov

20

11

De

c 2

01

1 J

an

20

12

Fe

b 2

01

2 M

ar

20

12

Ap

r 2

01

2 M

ay

20

12

Ma

y 2

01

2 J

un

20

12

Ju

l 20

12

Au

g 2

01

2 S

ep

20

12

Oc

t 2

01

2 N

ov

20

12

De

c 2

01

2 J

an

20

13

Fe

b 2

01

3 M

ar

20

13

Ap

r 2

01

3 A

pr

20

13

Ma

y 2

01

3 J

un

20

13

Ju

l 20

13

Au

g 2

01

3 S

ep

20

13

Oc

t 2

01

3 N

ov

20

13

De

c 2

01

3 J

an

20

14

Fe

b 2

01

4

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

source: Liv-ex.com

Access a growing volume of opportunities to trade

2009

2010

2011

2012

Ac

tiv

e m

ark

ets

Number of Liv-ex Active Markets 2009 to 2013

2013

Page 6: Liv ex Exchange

6

The Exchange – growing value of firm bids & offers J

un

20

07

Se

p 2

00

7

De

c 2

00

7

Ma

r 2

00

8

Ju

n 2

00

8

Se

p 2

00

8

De

c 2

00

8

Ma

r 2

00

9

Ju

n 2

00

9

Se

p 2

00

9

De

c 2

00

9

Ma

r 2

01

0

Ju

n 2

01

0

Se

p 2

01

0

De

c 2

01

0

Ma

r 2

01

1

Ju

n 2

01

1

Se

p 2

01

1

De

c 2

01

1

Ma

r 2

01

2

Ju

n 2

01

2

Se

p 2

01

2

De

c 2

01

2

Ma

r 2

01

3

Ju

n 2

01

3

Se

p 2

01

3

De

c 2

01

3

0

2000000

4000000

6000000

8000000

10000000

12000000

14000000

16000000

18000000

20000000

Bids Offers

Va

lue

in m

illio

n G

BP

source: Liv-ex.com

Access to more than £23m+ of live bids and offers

Page 7: Liv ex Exchange

7

Use the Exchange to stay always up-to-date

Use individual wine pages, charts and market indices to track every wine

Dynamic charts

Individual wine pages

Fe

b-0

8M

ay

-08

Au

g-0

8N

ov

-08

Fe

b-0

9M

ay

-09

Au

g-0

9N

ov

-09

Fe

b-1

0M

ay

-10

Au

g-1

0N

ov

-10

Fe

b-1

1M

ay

-11

Au

g-1

1N

ov

-11

Fe

b-1

2M

ay

-12

Au

g-1

2N

ov

-12

Fe

b-1

3M

ay

-13

Au

g-1

3N

ov

-13

Fe

b-1

4

140

160

180

200

220

240

260

280

300

320

340

360

380

Ind

ex

lev

el (

reb

as

ed

at

10

0 in

De

c 0

3)

Source: Liv-ex.com

Liv-ex indices

Page 8: Liv ex Exchange

8

Use the Exchange to search for wine

Page 9: Liv ex Exchange

9

Use the Exchange to simply and easily place an order to buy or sell

Page 10: Liv ex Exchange

10

The Exchange is being continuously developed

• Current improvements include:

– Alerts – keeping members informed of trading opportunities most relevant to them via website, desktop or mobile

– Order integration – direct upload and changes of live bids & offers to and from members’ own systems

– Liv-ex website – improving relevance, search, photo upload, navigation

• Liv-ex listens to its members – give us your feedback

Page 11: Liv ex Exchange

11

Standard In Bond (SIB) contract

SIB gives assurance – codifies the condition, tax status and timeframe for

payment and delivery of fine wine traded on the Exchange.

Price - In GBP/EUR includes delivery to a Liv-ex warehouse.

Condition - Original packaging, clean labels and capsules, no strip labels.

Payment - Payment due 14 days from invoice statement. Liv-ex payment to

sellers 21 days invoice statement, or net amount as agreed.

Delivery - Seller must deliver to Liv-ex within 14 days of trade.

Availability in Buyer’s Vine account - Wine is checked on arrival with Liv-ex

and released to buyer, subject to funds being received.

Minimum Order size - One unit

Page 12: Liv ex Exchange

Bid & Offer process for Liv-ex Exchange buyers and sellers

Page 13: Liv ex Exchange

13

For more information

Tel: +44 (0) 20 7062 8788Fax: +44 (0) 20 7062 8790Email: [email protected]

www.liv-ex.com