The top traded wines and regions that make up weekend trade.
Liv-ex is the global marketplace for the wine trade, but unlike other major exchanges, Liv-ex offers 24-hour, 7 day a week trading. Bids and offers can be loaded up and matched by someone across the world, no matter what time of day or what day of the week.
A rising trend this year has been the increase in weekend trade, spurred on by the rise in Automated trading. Over the last three months, there have been, on average, 170 trades each weekend – a 42% increase from the first three months of the year. Offers that are LIVE over the weekend now have a greater chance of getting matched than they did at the start of the year.
Below are the top traded wines over the weekends this year – just a snapshot of the 2,000+ different LWIN11s that have changed hands. The following chart shows weekend trade share split by region with the rise in weekend trade value overlaid (indexed). October marginally trails August as the best month for weekend trade and there is still Halloween weekend left.
Putting stock LIVE for the final weekend of October and into the final months of the year presents a great opportunity to take advantage of the rising weekend activity seen on the platform.
Today’s LIVE offers are from the Rhone, a region that has seen large weekend growth from the start of the year. Included are the top offers (below Market Price) of Rhone wines with 10 or more cases listed LIVE.