The London Fish Exchange

LFEX – The London Fish Exchange (London) and DataSalmon (Puerto Montt) announce their commercial joint venture for the launch and rollout of Chilean Atlantic Salmon, Coho and Trout

Published: 22nd April 2021 This Article was Written by: John Ersser   LFEX Growth

LFEX and Salmon Derivatives, (DataSalmon) are delighted to announce their commercial joint venture for the launch and rollout of trading of Chilean salmon aquaculture products on the LFEX platform to customers globally.

Having been working together for a period of months to ensure the platform operates to the required specifications for trading Atlantic Salmon from Chile, Coho Salmon and Trout, the parties are proud to launch these important markets for customers globally. The platform will support sales domestically, internationally and specifically in the key distribution regions of the US, Brazil, Japan, China, S.E. Asia and Russia.

John Ersser co-founder at LFEX says – ‘Salmon and Trout are two of the key aquaculture markets globally with Chilean salmon and trout specifically accounting for more than 30% of total annual volumes in these species. As the digitisation of markets starts to become the norm, we are delighted that we can support the distribution and procurement of these products, for the benefit of future and current participants on the platform. This represents another big step in the development of the business, in-line with our desire to be the leading aquaculture and fisheries trading platform globally.

Tommy Pettersson goes on – ‘ It is a pleasure working with Javier Peró and Fernanda Clement and their team in Chile. They have worked hard to create DataSalmon, are highly knowledgeable about the market and very professional in their business. With this venture we can collectively offer and support a world class platform for any company wanting to trade Chilean products.

DataSalmon is the leading provider of data services from the Chilean salmon global market, co-founded by Arturo Clement, an industry veteran, with customers domestically and internationally subscribing to their data and research.

Javier Peró – ‘This is both very logical and a great opportunity for us to work with LFEX to rollout and support companies and products from our market. We have been looking for the opportunity to implement a trading system for a several years and LFEX offers the skill and knowledge needed combined with the very latest, best of breed technology.’

Fernanda Clement– ‘Everyone recognises that the future is digital, until now there wasn’t a platform suitable for this market. We know that we can help our customers with pricing discovery, communication, distribution, trading and post trade services on a single integrated platform which benefits everyone. Combined with LFEX’s experience of creating and building markets and platforms, we are looking forward to sharing this and helping the many talented individuals in our market benefit from the new possibilities being made available.

We look forward to speaking with customers old and new as we implement the platform, learning from our customers and sharing feedback as we develop. Interest parties should contact enquiries@lfexchange.com or lfex@datasalmon.com.