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Newsletter – November 2017

Welcome to the November 2017 Liv-ex newsletter
Exposure – the total value of bids and offers – on your Exchange climbed to a high of £48million by the end of October. It’s not all about Bordeaux, as this post on the broadening market shows. Those curious about this year’s harvest are free to read Gavin Quinney’s helpful summary, found on Liv-ex Insights.

Interview with Michael Egan
Liv-ex recently caught up with Michael Egan, a fine wine expert and consultant who specialises in the detection of counterfeit wines. In 2013 Egan was the principal expert witness for the trials of Eric Greenberg and Rudy Kurniawan. In the interview, we discuss his career, counterfeit wines and detecting them. You can read it here.

Bordeaux 2015 – An update
In October, Liv-ex released a short report on Bordeaux 2015. In it, we look back at the quality of the vintage, provide an update on price movements since release, and look at where value can currently be found. You can download it here.

Tell us what you think – Liv-ex Insights
We are giving you the opportunity to send your feedback to the editorial team of Liv-ex Insights in the form of a short survey. The results will help us to improve your weekly content and will take no more than two minutes of your time. All of your views and feedback will be taken on board. Please click here to take part.

Liv-ex Team
The Sales team is pleased to welcome Christopher Lembke. Originally from Hamburg, Christopher joined Liv-ex on an internship in January 2016 before accepting a permanent position on the Data team. In his new role as an Account Manager, Christopher will be available to help you in any way he can, be it finding trading opportunities, learning more about data feeds, or simply to talk about the market.

Updates for international payments – reminder
As mentioned in previous newsletters, Liv-ex payment details for international customers paying us in GBP have now changed. Find out more here.

Liv-ex in the news
Bloomberg’s Guy Collins reported on the continued strong performance of Burgundy in October, plus the high value of trade for top Bordeaux wines Ausone, Petrus and Le Pin on the market. The Drinks Business commented on Liv-ex’s Bordeaux 2015 report, as did China’s Lookvin (article in Mandarin Chinese), who also ran some commentary on Australia’s increasing presence on the secondary market.

You can find the top fine wine market news stories on our press page, here.

Thank you for reading
We hope that you’ve found this edition useful. As always, you can keep up to date with developments as they happen by visiting the Liv-ex noticeboard. If you have any feedback or questions on this newsletter, please email salesteam@liv-ex.com or call +44 (0)20 7062 8788.

By | November 13th, 2017|Categories: Data|Comments Off on Newsletter – November 2017

Updates for international payments

From November 2017, Liv-ex payment details will be changing for international customers paying us in GBP. This is due to a structural reorganisation of our bank, HSBC. The sort code and account number will remain the same, but the SWIFT BIC (BIC8) for the bank, which forms part of the IBAN, is changing from MIDLGB22 to HBUKGB4B. The New Branch BIC (BIC11) will be HBUKGB4115C The new IBAN will be IBAN: GB43HBUK40021631896741.

Payments to the old account details will continue to work till the end of the year, but we would ask you to start using the new details as soon as possible.

The Liv-ex accounts team will be contacting you directly if you are affected. The new IBAN is already showing on any invoice you download from the website.

By | October 30th, 2017|Categories: Finance|Comments Off on Updates for international payments

Liv-ex Newsletter – October 2017

Welcome to the October 2017 Liv-ex newsletter
Releases from Italy, Champagne and the new world occupied the market (and the authors of Liv-ex Insights) in September. While the trade were kept busy with these new vintages, the market dipped: the Liv-ex 1000 index fell for the first time in 22 months.

More opportunities to sell faster – Special NowSIB_Passport_logo_transparent
Special Now contracts have been improved to help you trade more easily. Cases with SIB Passports listed as Special Now will now be matched against bids on SIB stock.

To find out more about this change, please click here.

Liv-ex Team
The Liv-ex logistics team is pleased to welcome Camille Soubeyrand. She will be a dedicated point of contact for our members, on hand to assist with settlement and logistics inquiries. Camille is originally from Provence, France, but recently lived in Denmark where she spent two years studying economics and business. She is interested in art and enjoys travelling.

In focus: Liv-ex for developers
The developers website is your hub for finding out about how Liv-ex’s technical solutions can help your business. It features a range of APIs that enable you to automate processes from price discovery to payment. This month, new bid/offer APIs were added. These allow you to receive alerts about activity on the market within your own systems.

To visit Liv-ex Developers, click here. Your Account Manager will be able to answer any questions about which of the services might be helpful for you.

Updates for international payments
From October 21st, Liv-ex payment details will be changing for international customers paying us in GBP. This is due to a structural reorganisation of our bank, HSBC. The sort code and account number will remain the same, but the SWIFT BIC for the bank, which forms part of the IBAN, is changing from MIDLGB22 to HBUKGB4B.

Payments to the existing details will continue to work until at least the end of the year.

The Liv-ex accounts team will be contacting you directly if you are affected. The new IBAN will appear on our invoices from October 23rd.

Liv-ex in the news
New releases stole headlines in December, with Decanter hailing both Opus One and Masseto 2014 as successes. Meanwhile, the FT (subscription only) looked back at the Bordeaux 2016 campaign. The drinks business was brimming with fine wine market news, covering developments such as Liv-ex’s new liquidity rankings, the Liv-ex 1000’s small decline and a comparison between Dominus and Opus One.

You can find the top fine wine market news stories on our press page, here.

Thank you for reading
We hope that you’ve found this edition useful. As always, you can keep up to date with developments as they happen by visiting the Liv-ex noticeboard. If you have any feedback or questions on this newsletter, please email salesteam@liv-ex.com or call +44 (0)20 7062 8788.

By | October 10th, 2017|Categories: Newsletter|Comments Off on Liv-ex Newsletter – October 2017

More opportunities to sell faster – Changes to Special Now

Special Now contracts are improving to help you find more buyers.

From today, cases with SIB Passports listed as Special Now will be matched against bids on SIB stock. This means there are more eyes on your listings – and greater opportunities to sell stock quickly.

What is SIB?SIB_Passport_2
SIB – Standard In Bond – contracts guarantee condition, tax status and availability of stock on the market. Stock listed as SIB must arrive in a Liv-ex warehouse within two weeks of a trade.

What is Special Now?
Special Now cases are those that are instantly available to buyers because they are stored in Vine. Some are identical to SIB listings except for the delivery time, which is instant. They must either have an SIB Passport or a recent photo.

Why list as Special Now
With Special Now, your trades are settled automatically, meaning you get paid faster. Listing stock as Special Now offers an additional incentive to buyers who know that the trade can be settled quickly and with added efficiency.

From today, bidders on both SIB and Special stock will be put in front of your offer, so listing as Special Now enables you to maximise the exposure of your stock.

To list stock as Special Now, select the “Available Now” box when adding your offer.

If you have any questions on today’s update, please speak to your Account Manager who will be able to explain the changes in more detail.

By | October 5th, 2017|Categories: Exchange|Comments Off on More opportunities to sell faster – Changes to Special Now

Liv-ex Newsletter – September 2017

Welcome to the September 2017 Liv-ex newsletter 
After several weeks of subdued activity on the Exchange, the holidays are now coming to an end and trade is returning to normal. Over August the Liv-ex 100 index was up 0.5% and the Liv-ex 1000 posted gains of 1.5%, led by the Burgundy 150.

New World releases
Opus One 2014, Masseto 2014 and Almaviva 2015 have all been released this week. You can find the latest analysis on the wines via Liv-ex Insights, here. Other upcoming releases include Beaucastel, Hommage J Perinn 2015 and James Suckling’s 100-point Sena on Monday.

Wine Matcher matches one million lines of dataWinematchervid
Liv-ex is pleased to announce that Wine Matcher has now helped our members to match over one million lines of data. Current users have described the product as “a very powerful tool”, that is already saving customers up to 20-30 hours a week.

Tutorial videos on Wine Matcher are now available in French for your convenience. You can watch the videos here. For more information on Wine Matcher, please contact your Account Manager.

In focus: Liv-ex Prime
Liv-ex Prime offers weekly deliveries from London direct to your address in Hong Kong for just £28 per 12×75 case – or £14 for a six pack. Stock is cleared by 1pm on Wednesday and arrives with you in Hong Kong the following Wednesday. You can automatically ship stock, or manually select which wines you want to ship each week. To avoid confusion, your Prime experience is handled by one single point of contact at Liv-ex. For more information on Liv-ex Prime please contact your Vine Manager.

Liv-ex in the news
This month the Financial Times commented that many assets look overpriced, following an analysis of investment opportunities. Meanwhile, The Drinks Business examined how technology is becomming an increasingly vital part of the wine business and reported that Lafite 2014 was the top traded wine by value so far this year. You can find the top fine wine market news stories on our press page, here.

Liv-ex Team
The data team is pleased to welcome Katharina Hahn. Katharina has joined Liv-ex on a data internship for a six month placement from the Geisenheim University, where she is currently studying international wine business. Katharina will be helping the data team with Wine Matcher and the creation of LWINs. Her hobbies include handball, tennis and skiing.

Thank you for reading
We hope that you’ve found this edition useful. As always, you can keep up to date with developments as they happen by visiting the Liv-ex noticeboard. If you have any feedback or questions on this newsletter, please email salesteam@liv-ex.com or call +44 (0)20 7062 8788.
By | September 7th, 2017|Categories: Newsletter|Comments Off on Liv-ex Newsletter – September 2017