TraditionDATA, the data and information services division of Compagnie Financière Tradition, has launched a new  proprietary Oil Swap Model, offering a real-time source of oil swaps pricing data, drawing directly from Tradition’s 22 brokerage desks’ experience and exposure across the globe.

TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), has launched a new  proprietary Oil Swap Model (OSM), offering a real-time source of oil swaps pricing data, drawing directly from Tradition’s 22 brokerage desks’ experience and exposure across the globe. 
 
The OSM enables TraditionDATA’s customers to gain visibility into illiquid and opaque oil markets. It provides full product coverage across crude and the refined product spectrum alongside a comprehensive forward curve covering monthly, quarterly and calendar time periods. 
 
This unique product has been created with the expertise of Tradition’s experienced analytical team on its market-leading oil broking desk, coupled with an established pricing model with proven methodology to create a reliable, independent and market driven product.

The model provides 13,000 updates per second across 20,000 instruments, enabling users to spot arbitrage opportunities within inter-product and inter-regional spreads. The full flexibility on data content and the ability to choose from a suite of data packages to be delivered either in real-time or per chosen snapshots make the OSM a perfect fit for the front office and middle office.