PanXchange is a web-based OTC physical commodity trading platform. Designed by a veteran Cargill trader, the software platform allows buyers and sellers to negotiate specific details of a trade, including the location and timing of delivery and the exact quantity and quality of the commodity — all of it anonymously, in real-time, with counterpart management and no costs related to clearing and reg
ulation. PanXchange’s trading platform and price discovery capabilities bring greater efficiencies to all participants: trade houses, growers/producers, distributors, end-users, and investors. While PanXchange provides the only institutional-grade trading platform that’s patent-protected and in production in multiple markets, it’s the objective data gleaned from that activity that serves as a foundation for objective price discovery. Specifically, PanXchange is the leading benchmark price provider in the US h**p industry and the defacto benchmark price provider in the 120 million ton specialty sand market for US oil and gas.