Welcome to the October 2016 Liv-ex newsletter
The fine wine indices continued their upward climb last month, with the Liv-ex 1000 index reaching another new high. Meanwhile exposure on the Exchange – the total value of bids and offers – rose to £40 million.
Liv-ex saw another groundbreaking trade in September when Ao Yun 2013 became the first Chinese wine to see activity on the Exchange. This follows the first Liv-ex trade for English wine in August. Other developments from the month are below.
Liv-ex interviews
In September, Liv-ex published an interview with David Pearson, CEO of Opus One, the iconic
Californian estate founded as a joint venture between Robert Mondavi and Baron Philippe de Rothschild.
Liv-ex has also published the first part of an interview with Tim Atkin MW in which he discusses his career in the world of wine, wine writing and the changing role of the critic. The second part, covering the wine industries of Bordeaux, South Africa and Spain, will be published later this week.
You can find both interviews on the Liv-ex blog.
Finance and Logistics APIs launched
This month Liv-ex launched new APIs for finance and logistics. These can be used to help you manage your Liv-ex account from within your own accounting or stock management systems.
The Finance APIs allow you to access account information such as Liv-ex invoices, sales and purchases. With Logistics APIs, you can keep your stock management systems in sync with Vine, allowing you to ship, transfer and assign wines – and eliminating the need to input information manually. Full information and technical documents can be found on the Liv-ex Developer website.
User guides published
Liv-ex has published a series of user guides intended to help you improve your understanding of Liv-ex and Vine, enabling you to make the most of all trading opportunities.
Liv-ex user guide part 1: search and discover – How to make advanced searches for wines; how to view the Exchange; understand the data provided.
Liv-ex user guide part 2: trade and manage – How to make an offer and place bids on Liv-ex; how to view your position within the market; how to see details of past trades.
Liv-ex user guide part 3: settlement – How to process a trade; the delivery process for buyers and sellers; details on Vine and addresses for the warehouses.
Coming soon
My account: Later this month Liv-ex will be launching an improved account summary page, giving you easy access to all of your account information in one place. Your current account status, balance and invoices – as well as your historic payment records – will be available on demand via the Liv-ex website. You will receive an email notification when this feature has been released.
Thank you for reading
We hope that you’ve found this edition useful. As always, you can keep up to date with developments as they happen by visiting the Liv-ex noticeboard. If you have any feedback or questions on this newsletter, please email [email protected] or call +44 (0)20 7062 8788.
