Liv ex Exchange
-
Upload
liv-ex-ltd -
Category
Services
-
view
3.152 -
download
3
description
Transcript of Liv ex Exchange
1
Liv-ex Exchange
London, Q2 2014
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.
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
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
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
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
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
8
Use the Exchange to search for wine
9
Use the Exchange to simply and easily place an order to buy or sell
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
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
Bid & Offer process for Liv-ex Exchange buyers and sellers
13
For more information
Tel: +44 (0) 20 7062 8788Fax: +44 (0) 20 7062 8790Email: [email protected]
www.liv-ex.com