February 15, 2023
Ventriks, a cloud data technology company, is delighted to announce a new partnership with LEBA Limited, the market data provider of the London Energy Brokers’ Association, with the addition of the LEBA Energy Indices to the Data Marketplace and Cloud Data Platform.
LEBA’s solution gives customers the ability to access a unique, consolidated view of the Energy markets from across the main energy brokers. Energy producers, wholesale users, utilities, and financial traders benefit from independent market information based on traded activity rather than price assessments; the regulator’s preferred input data for determining indices.
The offering will provide businesses with direct access to LEBA European Gas Prompt and Forwards Indices, LEBA UK Power Prompt and Forwards Indices, LEBA European Power Indices, LEBA UK NBP Indices, LEBA Carbon Indices, LEBA Spark Spreads and LEBA Coal Indications.
Richard Quigley commented, “We are delighted to enhance our offering to include the marketing and distribution of this valuable data source. LEBA is one of the industry’s more trusted sources that offers a unique and comprehensive set of indices, that will greatly benefit our customer base across multiple industries”. Quigley further added “Whether it’s exploring new business opportunities, identifying areas for growth, or tracking the performance of investments, this new data feed will provide the intelligence needed to make smart, data-driven decisions in the cloud”.
Alex McDonald, CEO of LEBA Limited commented, “We are excited to work with Ventriks and to provide our data services to a wider market. Our indices are built on aggregated traded data that presents a consolidated market tape and will assist market participants to make better informed trading decisions and conduct thorough market analysis through this new avenue”.
About LEBA Limited
LEBA Limited provides aggregated market data and quantitative analysis of the activities undertaken by the members of the London Energy Brokers’ Association and offers a unique set of transaction-based energy indices covering Power, Natural Gas, Emissions and Coal, some of which have evolved to become global pricing benchmarks for the markets.
LEBA was formed in 2003 to represent the interests of London-based energy brokers. A significant volume of energy is traded through London-based brokers each year, with data from the broker market helping to drive energy markets throughout the world. LEBA members are involved in all key product groups within the energy sector, including but not limited to oil, gas, power, coal and emissions.