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Platts Market on Close (MOC) assessment process has
served the market well for the last decade, fostering transparency
and integrity.
With the increase in MOC participation and activity, a more powerful
means is required to provide the market with more efficiency, a
higher level of transparency and a faster way of communicating.
To meet that challenge, we will be introducing Platts Editorial
Window ("eWindow"). eWindow
facilitates the market by combining Platts MOC methodology with
state of the art technology customized for Platts and licensed from
the InterContinental Exchange (ICE).
By providing an easy-to-use interface, Platts eWindow
allows Platts Global Alert customers to clearly
view all bids and offers in the MOC window; and submit and confirm
offers at the click of the mouse.
This new electronic system will enable Platts Editors to collect
data on market activity quickly and accurately, enhance the reliability
of the end of day price assessments, and improve the MOC user experience.
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