Thomson Reuters Launches Base Metals Market Community
13 October 2008
Thomson Reuters today launched a web-based, interactive community that brings comprehensive information, research, analysis and professional networking tools to the global base metals marketplace. Thomson Reuters Metals Insider went live today with a community of approximately 6,700 professionals. Metals Insider is aimed at equipping the global base metals marketplace with the tools to gather in-depth information and collaborate with industry peers.
The launch of the base metals community follows Thomson Reuters acquisition in July 2008 of the business of Metals Insider, a free daily news and analysis service headed up by Andy Home, a highly respected commentator on the metals markets for 20 years. The Thomson Reuters community combines Metals Insider’s informed market perspective and audience with comprehensive Reuters news and technology to provide a true community platform for the traders, fund managers, producers, fabricators and market analysts in the base metals market.
The Thomson Reuters Metals Insider community has free access to a base metals news archive as well as research, market reports, prices and data. Members can also sign up to a free email newsletter, providing a comprehensive daily update on developments in the base metals markets.
Metals Insider uses Web 2.0 technologies and features professional interaction and networking capabilities. Intuitive networking tools enable members to create a personal profile and link up with clients, suppliers, contacts and colleagues in the metals industry. Members can also tap into the community to ask questions, provide comments, post reports or up-load research, creating a unique interactive resource for metals professionals.
Mitchel Ingham-Barrow, Global Head of Metals and Minerals, Thomson Reuters, commented: “Thomson Reuters Metals Insider demonstrates our commitment to maximise the potential of professionals in the broader base metals community. It harnesses our world renowned news and data with technological innovation to give the base metals marketplace a competitive edge.”
Features to be added to the Metals Insider platform include industry jobs, conferences and events. The existing set of free data from the London Metal Exchange is also set to be enhanced and complemented by prices from NYMEX and the Shanghai Futures Exchange.
Metals Insider was launched at LME Week, an important fixture in the global metals industry calendar, which opens today in London. The London Metal Exchange, which represents the vast majority of all non-ferrous base metals trading, achieved US$ 9,500 billion in monetary terms in 2007. Metals Insider complements Thomson Reuters professional base metals subscription services, Reuters 3000 Xtra and Reuters Trader for Commodity, which offer even deeper news, market coverage and analytical capabilities.