General Index (GX), the world’s first technology-led benchmark provider, announced today that its global energy markets data, which includes spot price benchmarks and historical data, will be offered on the ICE Connect platform. ICE Connect is a service offered by Intercontinental Exchange (NYSE: ICE), which brings together a range of trading tools with cross-asset real-time data, news and analytics for global markets.
The addition of GX data modules to the ICE Connect platform further strengthens GX’s vision of bringing fair and easy access to critical pricing data for the world’s commodity markets through trusted technological solutions. GX ingests and aggregates trade data to build a full view of market activity, and then applies algorithmic index methodologies consistently, accurately and without subjective judgement.
Through this agreement, ICE Connect users will have access to GX’s energy price benchmarks derived through the market-accepted methodologies, including crude, refined products, LPG, marine fuels, carbon, hydrogen and other energy transition products.
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