Global shipping broker Braemar Securities has chosen MDX Technology’s (MDXT) Connect to facilitate collaboration within their new oil derivatives broking desk.
Braemar’s oil desk can now co-author spreadsheets with real-time, highly volatile oil price data.
Rebecca Reed-Sperrin, head of oil derivatives at Braemar, said: “We required a swift and effective solution to integrate our new oil desk’s legacy spreadsheets into our proprietary platform Braemarscreen.com.
“MDXT allows our traders to work consistently on the same spreadsheet, effortlessly handling vast volumes of complex data. Furthermore, their wide range of data distribution connectivity solutions means that we can now incorporate the oil derivatives data into our broader data offering through the use of their JSON over WebSocket’s feed, allowing our customers to view live fuel oil and gasoil prices using Braemarscreen.com.”
Nigel Someck, CEO of MDXT, said: “We are continuously developing more adaptors, facilitating interoperability throughout our clients’ trading ecosystems.”
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