- Buyers and sellers worldwide remain active on the exchange during holiday times
- Maintain or create live positions before your leave. Attract buyers and sellers while you are away
- Offer stock on Special contracts with longer terms to match your vacation length…then deliver stock on your return
As the holiday season approaches, many in the fine wine trade will take some much-deserved time off.
If you are one of them, consider your positions before you leave. Maintaining, or creating live positions on the exchange throughout August could allow you to keep turning a profit while you are away from your desk.
Last summer, while many were sipping rosé on the beach and enjoying their holidays, trade on Liv-ex continued at pace with a higher number of trades in August than in the average month.
Because members across the world are active 24/7/365, activity on the exchange never stops thanks to both active and automated traders. Being on vacation doesn’t have to mean missing out on the best opportunities and leaving money on the table. There is currently around £100 million of opportunities live. Maintaining or creating live positions before you go will let you maximise your buying and selling opportunities with minimum effort.
How to manage your positions
If you are away for two weeks, you can leave your bids live in order to secure wines at your chosen price and profit while you rest. If your bids are successful while you are away (even on SIB contracts), you can simply pay the invoice on your return.
Similarly, sellers on two-week holidays can maintain their SIB offers, and deliver to Liv-ex the wines that sell while they are away.
Sellers fortunate to be away for longer can switch their live offers from SIB to Special, and stipulate a custom delivery period, perhaps 6 weeks. This will give you time to fulfil the contract once you return to the office.
Use the ‘Your List’ page to quickly see where you can be the first to offer a wine on the exchange and set the market (or see if your list price is below the best offer currently live).
![](https://www.liv-ex.com/wp-content/uploads/2024/07/your-list-screenshot-1024x515.png)
Transactions on Liv-ex are instantly executed: placing a firm offer means it will be automatically matched if a corresponding bid is made.
Contact your broker if you have any questions or want to learn more about maintaining your exposure.