Last Updated :
18 June 2009 at 12:50 IST
FMX Connect: One-stop-shop for commodity info
Commodity Online
NEW JERSEY: Commodity investors in many regions still have no access to a snapshot of what is happening in the commodity exchanges in the region and often has to ponder through multiple-sites and news sources for information. And what they get may not be unbiased, objective information.
Now, a new portal, Financial Media Exchange (FMX Connect) tries to bridge this gap for US markets. It is a unique commodity and energy portal designed to provide professional content in a community environment. i
FMX (
www.fmxconnect.com) was created for industry participants and public investors that seek unbiased, professional data combining news, analysis and contributions from third parties to create an open platform for independent, best-in-class information. Users can tap into OTC energy data, options analytics, trading volumes, real-time news, and global exchange data aggregated on a single screen, a press release said.
FMX takes feed from leading news sources, Bloomberg, Reuters and Dow Jones apart from providing up to date information on prices and open interest positions in many commodities.
“Inflationary pressures are leading to a resurgence of commodity investing and the democratization of information is bridging the gap between public and professional investors,” said Samuel Thompson, CIO of FMX Connect. “FMX is uniquely positioned to play the role of transparency provider and there is no other portal that covers commodities in such depth.”
“Having been involved in the commodities data arena for a decade, I am confident that FMX will quickly become a hub that will add value to all users and partners,”.Thompson added.
“FMX answers a need that our fragmented industry has been lacking,” said Peter Beutel, President of trading advisory firm Cameron Hanover. “In an environment where banks and brokerages are cutting back, the FMX offering is even more relevant and will further highlight the virtues of conflict-free research
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