Bloomberg Collaborates with General Index to Expand Commodity Pricing Data on Bloomberg Terminal
Bloomberg announced a strategic initiative to collaborate with General Index (GX) benchmark provider. With this initiative, all Bloomberg Terminal customers can now access a selection of GX's robust, reliable pricing for the world's commodity markets, with 400+ all-to-see prices, including oil spot assessments. The addition of GX pricing to The Bloomberg Terminal strengthens Bloomberg's commodity pricing data that spans from spot pricing to OTC curves. This collaboration democratizes access to commodity pricing data for all financial participants that have exposure to the commodity markets, including equity investors. GX aggregates trade data to build a full view of market activity, and then applies algorithmic index methodologies consistently, accurately and without subjective judgement.