Cavex have launched a new discussion group on LinkedIn.
We welcome all new members to the group for discussion on all matters relating to the fine wine market and fine wine trading.
As Cavex grows we will be posting useful information on trading patterns that emerge through our new platform and hope that our members and other wine collectors will benefit from a new way to trade wine electronically.
Many commodity markets have now become screen based and have helped to reduce the costs of trading. The fine wine market is trying to catch up with advances in new trading technologies and practices. Over stocks of fine wine and liquidity has become a problem over the last few years for both the wine trade and the private collector. Through the new Cavex trading platform we hope that we are able to improve liquidity and help our members trade their wines to other private collectors or the wine trade who have a requirement for buying and selling stock. Creating a centralised platform where all members can trade anonymously, efficiently and at a low transaction cost, should allow for increased trading volumes with greater price stability over time.
You can join our group on LinkedIn here
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