What is Fastmarkets FOEX?

Fastmarkets FOEX is a leading Price Reporting Agency providing audited, trademark registered pulp, paper, recovered paper, wood-based bioenergy and timber price indices

News


Dec 3, 2021


Apr 15, 2021

Fastmarkets successfully completes second IOSCO assurance review for its FOEX PIX pulp and paper pricing division

Mar 16, 2021

Fastmarkets becomes BMR-regulated PRA, strengthening its already robust pricing methodologies

Please see our press release here.

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Key Principles

Fastmarkets FOEX is committed to compliance with the IOSCO regulations in its process and methodologies to provide reliable, impartial, representative and transparent PIX price benchmarks.

Compliance requires price reporting agencies (PRA) to have defined guidelines and policies in place to ensure consistent and standardized procedures, in Fastmarkets FOEX’s case the production of the PIX price indices. (IOSCO, International Organization of Securities Commissions, www.iosco.org).

The assurance reviewed PIX Pulp Europe, Pulp China and Recovered Paper Europe, as well as other PIX Methodology and Specifications, the Fastmarkets FOEX Policies and Pricing Notices are gathered in the website section PIX Methodologies & Policies.

The PIX price indices are prepared and published according to defined specifications and key principles, some of them listed below, which are common for all PIX price indices:

  • The PIX price indices are calculated from price data received from buyers and sellers
  • One index per year is audited externally
  • Fastmarkets FOEX does not engage in price forecasting
  • Participation to the index formation process must be voluntary and free of charge
  • Participants must be allowed to remain anonymous

PIX indices and launch dates