General Index, a leading provider of energy market benchmarks, today announced a data agreement with Link Data Services, a leading provider of transactional data for U.S. Gulf Coast crude oil markets, for straight-through processing of trade and market data directly into General Index systems.
Through this technology partnership, Link Data Services, in cooperation with Link Crude Resources (“Link”), one of the largest brokers of physical North American Crude, will provide data related to Link’s crude oil transactions, which General Index will use to seamlessly process, produce and distribute the most accurate and timely prices for US physical crude markets. Key benchmarks launched as part of this partnership include WTI (at Houston and Midland), Canadian Sour (at Cushing and Houston) and Mars.
As a result of this collaboration,General Index is expanding its offering to market participants of high-quality, lower-cost alternatives to the incumbent data providers. General Index assessments are available right after market close and underpinned by as much or more data as other benchmark providers.
Clients will be able to leverage an ever-growing network of partners and technologies to access these robust benchmarks, including Bloomberg, Morningstar, Refinitiv, Snowflake and ZE.
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