Commodities Traders Sign up to New OILspace Metals Market Service

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International commodities trading firms opt for OILspace market information portal.

Six leading international trading firms have ordered AspectDSC Metals - the real time metals news, prices and market information portal from OILspace - in its first month from launch.

Companion to the energy markets portal OILwatch, AspectDSC Metals puts competitively priced, current and historical market data at the fingertips of brokers, traders, dealers, mining companies, processors, stockholders and shippers virtually anywhere in the world, through both desktop and mobile devices.

Among the early adopters is Tel Aviv-based metals and energy trader JB Commodities where the solution's customisable user interface enables at-a-glance assimilation of key information, helping traders make critical market decisions.

Explains the firm's Daniel Peleg: "The workspace can be highly customised to each trader's specific needs and expertise, locating symbols and data items is convenient and intuitive, and its charting facility allows direct input of custom formulas. I can see all the necessary market data laid out exactly as I need it to help my decision making process. At the same time we've found OILspace's customer service to be highly professional and responsive to our needs."

The other companies subscribing to AspectDSC Metals cite variously the solution's Blackberry mobile functionality, its Excel spreadsheet integration, its access to historical information and - when combined with OILwatch - the way that movements of all required commodities can be tracked on one screen.

Latest in a line of software-as-a-service applications from OILspace, AspectDSC Metals is wholly Internet based. Subscribers need only a compatible Web browser and Internet connection to access current and historical prices for base, ferrous and precious metals from LME, Nymex and Comex along with relevant news and information from Dow Jones, Platts and other world sources.

A key advantage of the Internet based AspectDSC Metals is its speed of processing, all of which takes place at OILspace's server farm. End user devices act as intelligent interactive terminals, ensuring the information displayed is as near real time as possible. Competing solutions are often only Internet enabled, pushing much of the processing burden onto the user device itself. This can slow the experience, particularly for mobile users.

OILspace (http://www.oilspace.com) is a leading global provider of real time, on demand Web-based applications for energy and metals marketing and supply operations. Launched in 1999, OILspace solutions are now used by more than 500 top commodity companies worldwide. OILspace has a track record for delivering scalable solutions that produce measurable return on investment.

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Geoff Twibell
Sage Partnership
+44 (0)118 934 4007
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Jane Pryce-Jones
OILspace
+44 (0)20 7629 6300
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