The excuses we’ve heard over the years would be unbelievable, if we didn’t see such practices first hand. A simple process of buying oil trading market data went from “here’s a daily oil market price report Sir” to something a lot more confusing. Now its more like the tax man visiting and scrutinising every aspect of your business before providing you with a quote. And when quotes are offered, its sold with complicated licensing terms including almost everyone that walks past your screen requiring a license!
Market Data compliance for oil traders have just become a huge pain to deal with often resulting in a great deal of frustration as customers are pushed to increase costs every year, with no end in sight!
As the former EMEA Head of Sales for the worlds largest Oil Market Data Provider and Advisor to the oil markets Traders, CEO’s & Investors, our Founder, Thanvir Chowdhury formed Phycomex to help bring transparency to those that provide market transparency. You can connect with him on Linkedin to learn more about his professional experience or contact us now to find out how much you could be saving.
Our clients include some of the largest oil trading companies as we’ll as independent oil trading companies across London, Geneva and Singapore. We help Oil trading companies reduce their oil market data costs by around 20%.