Parameta Pushes Transparency in OTC Oil with Real-Time Data

Parameta Solutions, the data and analytics arm of TP ICAP Group, has launched an enhanced real-time OTC oil data service designed to give market participants greater speed, accuracy, and visibility. The service aggregates exclusive live pricing from leading brokers PVM and ICAP, with data from TP set to follow later this month.For decades, the over-the-counter oil market has been hampered by opacity. Most physical and forward trades happen away from exchanges, leaving participants reliant on delayed or part ...