45
Exchange Relationships and Licensing Price Assessments

Licensing Physical Spot Market Price Assessments to Exchanges 

S&P Global Platts licenses its physical spot market price assessments to exchanges, allowing the exchanges to create derivatives contracts, which facilitates hedging and other risk-management activities. These exchange relationships also allow S&P Global Platts to further strengthen its regional and global commodity benchmarks.

S&P Global Platts Offices Align with Key Trading Hubs 

Global Trading Services Revenue

(dollars in millions)

'11
'12
'13
'14
'15
'16
'17
'18
'19
'20
'21
$16
$23
$36
$35
$47
$57
$61
$58
$64
$66
$70

10-year CAGR:  15.9%

As trade flows change, pricing structures are changing from long-term contracts to spot contracts, which require price assessments