Parameta Solutions, Marex Partnership Connects Prices 

Parameta Solutions and Marex Group plc have announced a partnership to introduce a joint netback pricing offering designed to connect oil pricing with freight costs across global energy markets.

The offering combines proprietary oil price benchmarks from TP ICAP Group brands, including ICAP, Tullett Prebon, and PVM, with Marex’s oil and freight market intelligence. The integration aims to give market participants a unified view of energy market economics across crude oil, refined products, and freight routes.

By merging oil pricing benchmarks with freight cost data, the solution allows clients to assess route economics in real time. Market participants can evaluate how the price of oil interacts with transportation costs, which may help them identify arbitrage opportunities and manage exposure across both physical and derivatives markets.

Parameta Solutions, Marex Partnership Connects Oil Prices with Freight Costs

The offering places commodity pricing and freight costs into a single workflow. This structure allows trading desks, analysts, and risk managers to examine the full journey of energy commodities, rather than evaluating the product and shipping components separately. The goal is to support trading strategies, risk assessment, and analytical workflows by presenting the total cost associated with moving energy commodities between markets.

The launch represents the first phase of a broader collaboration between the two companies. Parameta Solutions contributes its data platform, which is here to process, cleanse, and deliver large datasets. Marex’s market data team provides energy and commodity market data through several delivery channels.

Marex distributes energy price discovery data and related insights through its client portal, Neon, as well as through real-time and end-of-day data feeds. The joint initiative is also intended to support the development of additional derived data products that combine information from multiple commodity markets.

Silvina Aldeco-Martinez, Chief Executive Officer at Parameta Solutions, said the initiative focuses on connecting oil prices with freight costs to present the total cost of trade across routes and markets.

Also, Richard Frape, Global Head of Market Data at Marex, stated that the collaboration allows clients to access oil and freight insights within a single analytical framework, helping them understand price formation and evaluate cross-market trading opportunities.

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