Make the MArket work for you
The PanXchange platform brings unparalleled efficiency through aggregating players in an easy to use and centralized location.
The patent-protected system is designed with market access in mind. PanXchange gives the user the ability to see the entirety of the market, at any time or place, via the desktop and mobile sites. The platform has the functionality to negotiate all aspects of the physical contract, allowing users to buy and sell the exact product needed for a specific job.
Price discovery and transparency are driven by granting access only to firms who take ownership of the physical product (no brokers). All bids and offers on PanXchange are binding contracts when matched, thus all market entries help to accurately depict prices of casings and tubular goods in real time. The anonymous counter-party management system is the backbone of the exchange. Firms can preselect who they will allow trades with, while maintaining the capability to limit counterparts by certain factors such as payment terms or overall tonnage exposure.
The PanXchange frac sand exchange is now live, to learn more click here.