Nasdaq’s Quandl Partners with Marex on Exclusive Data

Nasdaq’s Quandl, a leading provider of alternative and core financial data, announced yesterday it has partnered with Marex to launch a new dataset Marex Daily Speculative Positioning (MDSP), which tracks daily aggregate holdings across the global commodities market, and is the first of several products the two organizations will be launching.

According to Marex, MDSP will be offered on a daily basis, providing traders with faster information compared to the weekly reports that the industry has historically relied upon. The new data product will allow traders, corporate users and other money managers to monitor movements in agriculture, metals, energy commodities and more.

As one of the largest global commodities brokers, with an extensive data and analysis team, Marex is uniquely positioned to provide insights on the behavior of various commodities markets. Nasdaq’s Quandl provides alternative data expertise to help customers use MDSP to understand the balance of market participants for 40 commodity products.

“Marex is the ideal partner to co-launch a suite of new commodities products,” said Bill Dague, Head of Alternative Data at Nasdaq. “The combination of Marex’s sector expertise and Nasdaq’s powerful data platform will offer the clearest picture yet into the global commodities market, where demand for alternative data is high but quality supply is still limited. Starting with the launch of MDSP, both physical and financial traders will glean a truer, more unified picture of whether participants are bullish or bearish.”

Several more products, covering metals movements, news analysis and market behavior are expected to launch by Q3.

Recently, Fazzaco learned that Nasdaq has announced the launch of ESG Data Hub to support investors in their sustainable investment decisions.​