Recent trading activity
Since the start of the week, Bordeaux has continued to lead, accounting for 42.1% of trade by value. It was buoyed by wines such as Le Pin 2009 and Petrus 2006 and 2016 all experiencing trading activity.
Champagne has also had a strong performance since Monday, with a 20.0% trade share, bolstered by Dom Pérignon 2013 and 2012 trading.
Generate trade and maintain revenues automatically
Some Liv-ex members consistently place bids below the Market Price on a wide range of wines for which they know they’ll have interest from their customers. They do this at scale using our APIs. When offers are made at those prices, their bids automatically get matched. This generates trade on a much larger scale than their often modest-sized teams could manage manually, and it enables them to make a margin on these wines with minimal effort.
The time they save allows them to focus on specific customer requests and to identify opportunities to speculate, using their Liv-ex broker to secure the best price. They’re able to effectively manage customer relationships while efficiently maintaining consistent revenue figures.
Automated bidding, and other integrations are available to Liv-ex members on our Gold and Black packages. Request more information from your account manager on the form below.
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 620+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines.