Trading
The Met Office offers a range of services specifically designed for traders working in financial services and energy companies to improve performance, understand risk exposures and make informed decisions quickly.
Swing charts
Swing charts provide a country-by-country comparison between the most recent and previous forecasts. This enables analysis of decisions made on the previous information.
Released as soon as the forecast from European Centre for Medium-Range Weather Forecasts (ECMWF) becomes available, swing charts provide a map and table comparison, country by country, of the latest forecast to the previous issue, presenting variances that can be used to amend decisions taken using the out-of-date information. Our swing charts are specially designed to be simple and easy to read, and delivered as quickly as possible so that they can be used to your maximum advantage when every second counts.
Decider
Decider is a new and unique tool aimed at the synoptic meteorologist, in particular those within energy and finance companies, to enable you to provide fuller and faster advice to your traders making weather-exposed trades.
Benefits of Decider
- Analyse more information, more quickly, and understand the likelihood of various weather scenarios.
- Enables hedging and trading decisions to be made with more confidence.
- Summarises a fuller range of information than traditional ensemble products.
- Provides a seamless and detailed outlook up to 30 days ahead (competitor products are largely limited to 15 days ahead).
- Daily or twice-daily update facility to a monthly forecast — enabling information to be released at a timescale that better suits trading purposes.
“Decider has revolutionised the way we interpret the weather forecast.”
Dave Parker EDF energy
Three different versions of Decider are available. They can be taken separately or in conjunction to provide a complete picture of weather up to a month ahead. All versions, when taken together as a package, provide additional information and more frequent updates than any other product available.
Decider can currently be delivered via ftp (pull/push) or email.
Make a difference to your decision-making with Decider (PDF, 3 MB)
To find out more about our financial services contact our Customer Centre or email consulting@metoffice.gov.uk
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