Sky Road, a leading solutions provider to the financial community, today announced it has signed a data distribution agreement with CME Group to provide Nymex end-of-day data within its Sky Road Power Platform.
Sky Road also announced support for forward power and forward gas analysis in the latest release of its platform.
The expanded offering now couples the firm's research and analysis platform with NYMEX end-of-day data to provide forward curve, spread, and heat rate analysis across the North American power markets. The agreement with CME Group, the world's largest derivatives marketplace, also provides Sky Road with access to historical data, which has been fully integrated into the platform.
"We are excited to include NYMEX data and forward product support into our growing platform," says Mark Froese, Principal and Head of the Sky Road Energy Group. "Power market professionals need cutting edge analytics on a wide universe of OTC and exchange-traded products. We continue to expand our offering to meet this challenge and to respond to customer demand.