London International Vintners Exchange
Liv-ex (London International Vintners Exchange) is a global marketplace for wine trading. It has over 600 members from start-ups to established merchants. Liv-ex supplies them with data, trading and logistics services. The platform publishes the actual prices at which wines are transacted and contains around £100m of firm buying and selling opportunities in over 16,000 wines. All are available to trade in real-time. Liv-ex additionally conceived the Standard-In-Bond (SIB) contract to assure stock condition, delivery and faster payments and provide transport and storage. The company was founded in 2000 by two stockbrokers, James Miles and Justin Gibbs. It started with a group of 10 founding members in London Trading Liv-ex's global network enables members to trade with other merchants worldwide. Trading on Liv-ex is reserved for professional buyers and sellers of fine wine, and is standardized and anonymous. The total value of bids and offers on Liv-ex surpasses £100million. ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]