General Index(GX), the world’s first technology-led benchmark provider, announced today an expansion of its partnership with LSEG. This new agreement will enable all Eikon and Workspace customers to access desktop and enterprise subscriptions to GX data directly from the Eikon or Workspace platform.
Users can gain desktop access to GX’s global suite of crude oil and refined products indexes for a simple monthly fee, enabling usage of GX data across Eikon or Workspace. This partnership further supports the GX vision of bringing fair access to critical pricing data to the world’s commodity markets through trusted open-technology solutions. GX aggregates trade data to build a full view of market activity, and then applies algorithmic index methodologies consistently, accurately and without subjective judgement.
Working closely with GX, LSEG will provide over 1500 prices aligned with market closures for each region. Price data will be available for a selection of global markets including Crude, Refined Products, LPG, and Marine Fuels. GX provides both new benchmarks to reflect evolving trading patterns and well-established commodity pricing points.