'Press Release: London, 7th June 2010 –155 years after Napoleon III* began officially ranking Bordeaux wines, leading wine merchants Bordeaux Index are delighted to launch a real time index. In addition, clients will also be able to view individual price graphs for all of the wines traded with data going back to 1st Jan 2008.
The eponymous ‘The Bordeaux Index’ http://www.bordeauxindex.com/livetrade_home.php#index – tracks live changes in the prices of 80-100 of the most liquidly traded wines on the LiveTrade market making screen. LiveTrade was launched in May 2009 and is the market’s only true 2-way price provider. This platform provides one of the largest turnovers of fine wine in the world.
“Rather than pricing monthly, our technology facilitates dynamic, daily updates and will allow users to monitor the market at their convenience,” says Bordeaux Index founder Gary Boom. “It’s the most transparent, accurate and simple way of gauging the market performance of Bordeaux….For the first time, investors will no longer need to base their decisions upon monthly market movements,” says Mr Boom. “Just as importantly, it does not require a statistics degree for interpretation.”
The launch of ‘The Bordeaux Index’ is the culmination of much hard work and planning, says Mr Boom. “We want to provide the best and most up-to-date information for our customers and are extremely proud to be leading such an innovative initiative within the industry.” As with LiveTrade you just simply need to log in or register in order to use ‘The Bordeaux Index’ function.'