Fixed Income & Data Services/Access & Delivery/Desktop & Web Platforms/ICE Connect/ICE Connect Weather

Weather

In the realm of commodity markets, weather observations are indispensable for gauging supply and demand impacts. However, it's the evolving perceptions derived from key weather forecast models can influence future market prices. ICE has revolutionized this traditionally analog process by digitizing it, integrating streaming weather forecast data into next-generation weather workflows within the ICE Connect Desktop. This pioneering approach combines streaming weather with market prices.

Enhanced solutions suite

Energy Transition

Key benefits

Transformative Weather Workflows including live streaming weather, market prices and changing weather forecasts in real-time and explore their historical impact on market prices
Customization and flexibility to effortlessly create personalized layouts or views within the Desktop and create customizable Weather Alerts tailored to your specific needs
Comprehensive access to ICE’s ODB API grants company-wide access to real-time weather data and benefit from Tier 1 weather vendor services embedded into a cutting-edge 'FinTech' trading Desktop

Customizable weather alerts to notify you on fast-changing prices or weather perspectives
Design your own personal views using ICE’s weather symbology to help create trading edge
Access ICE’s unique patented visualizations to view streaming weather and market prices

Insightful Weather Data

Stream medium- and long-range weather forecasts from key government forecast models
Very high spatial and temporal resolutions of all government forecast models
200+ weather forecast fields including Gas Weighted Degree Days, snow, wind, solar, soil moisture, liquid precipitation, temperatures, humidity, pressure, etc
1,000+ global locations and 6,000+ locations ready to add upon request
40+ years of daily and hourly weather observations for all 200+ forecast fields and all locations
Pre-calculated climatology for trailing 10, 15 and 30 years as well as the official 30 year
Robust archive of weather forecasts which also include timestamps as to when these forecasts were available in the public domain

Design your own personal views using ICE’s weather symbology to help create trading edge
Access ICE’s unique visualizations (patent pending) to view streaming weather and market prices
Customizable weather alerts to notify you on fast-changing prices or weather perspectives
Stream weather maps with over 1 million maps per day
Streaming weather forecast grids tailored for your markets
All weather data is accessible via the ICE Connect Desktop, ICE XL (Excel add-in) and Python (R & VBA coming soon)
Directly link weather details to specific traded instruments to quickly visualize changing market conditions

Excel RTD feeds eliminate the need for manual data refreshes

Understand how fast and how much your markets are influenced by changing weather through key visualizations
Quickly assess weather forecast risk with efficient analysis as key weather forecasts begin to converge on accuracy
Convert extremely large weather data streams into actionable knowledge to help provide trading edge (24x7x365)
Reduce costs with a highly-efficient platform providing greater data access and superior functionality to your daily workflows

Weather forecast data and analytics comparison

	ICE	Most Wx Providers	Most Desktops
Weather Forecast Models
GFS (Op)	✓	✓	No
GFS ENS	✓	✓	No
ECMWF (Op)	✓	✓	No
ECMWF ENS	✓	✓	No
ECMWF EXT	✓	✓	No
GFS ENS EXT	✓	✓	No
SEAS (7mo)	✓	✓	No
CFS (9mo)	✓	✓	No
Weather Observations
Real-time Airport Weather (METAR)	✓	✓	✓
41 years of Hourly Obs data	✓	No	No
Trailing 10yr CLIMO	✓	No	No
Trailing 15yr CLIMO	✓	No	No
Trailing 30yr CLIMO	✓	No	No
Official 30yr CLIMO (81-10)	✓	✓	No
Weather Forecast Parameters
200+ weather parameters	✓	No	No
Hourly parameters	✓	✓	✓
Daily parameters	✓	✓	✓
Multi-Day parameters (calendar weeks, gas weeks, etc..)	✓	✓	No
CHNG fields (6,12,18,24 hrs ago)	✓	✓	No
ANOM fields (using 4 Climos)	✓	✓	No
Weather Data (Global Locations)
2,000+ global locations	✓	✓	No
150+ US Power & Gas Regions	✓	No	No
200+ polygons covering most major global countries, provinces, states, and/or regions	✓	No	No
100+ Weighted Regions/Polygons for important agriculture and wind generation regions	Coming soon	No	No
Add locations on-demand	✓	✓	No
Weather Data Delivery
Interactive Fin tech Desktop	✓	No	✓
Excel and Python Real-time Delivery (RTD)	✓	No	No
Consolidated Low latency Data Feed Delivery (ODB)	✓	No	No
Advanced Symbology	✓	No	No
Comprehensive Weather Maps
Hourly Guidance	✓	✓	No
Daily Guidance	✓	✓	No
Multi-Day Guidance	✓	✓	No
Forecast Progression Maps	✓	✓	No
Forecast Performance Maps (Error and Bias)	✓	✓	No
Model Change Maps	✓	✓	No
ANOM & Observation Maps	✓	✓	No
Detailed Model Status Pages
Monitor forecast data delivery speed	✓	No	No
View previous data delivery times	✓	No	No
Monitor data delays	✓	No	No
Unique Weather Workflows
Advanced (patent pending) Weather Symbology (aka Weather Legos)	✓	No	No
Ability to create any desired weather table or chart or desktop functionality quickly (using Weather Legos)	✓	No	No
Customizable Weather Alerts on streaming weather forecasts, weather observations, market prices, etc	✓	No	No
Create high-value "weather vs commodity price" visualizations (patent pending)	✓	No	No
Be the first to identify new trading opportunities by quantifying "Weather Alpha" among a wide array of traded commodities	✓	No	No

Optimization solutions

Tailored for financial markets with intuitive, flexible, and powerful data visualization
Enhance productivity and minimize risk with dynamic worksheets
Features include Historical Data, Time & Sales, Forward Curve Builder, Options Analytics, and Market Depth

Unlock ICE Data via Python for Quotes, Time Series, and Time & Sales
Access historical aggregated bar data with intervals as granular as 1-minute
Real-time, delayed, and T+1 historical data available across various asset classes and exchanges

Streamline market communications and enhance trading decisions with the ICE Chat application
Leverage the Chat API for information delivery and process automation

On-Demand Bars is an HTTP based API solution that provides to access open, high, low, close historical aggregated bar data on an end-of-day and intraday basis with intervals as granular as 1-minute. Data spans hundreds of exchanges, multiple asset classes, with up to 30+ years of history and is available in real-time, delayed and T+1 historical qualities
Powering web-based charting applications
Plot real time, delayed, intraday and historical end of day aggregated OHLC bars to create visually appealing web-based charts
Model validation and historical analysis
Model trading strategies to assess performance and viability. Perform in-depth historical analysis to identify market trends

Complimentary newsletter for ICE Chat users

Comprehensive analysis of weather forecasts from some of the most regarded medium range weather models including GFS, GFS ENS, ECMWF and ECMWF ENS. Subscribe to start receiving your weather newsletters today.