Independent. Connectivity. Comprehensive. Progressive. Powerful.
VINEX is an independent digitised trading exchange owned by Vin-Exchange Group Limited (CN 494552) with offices at Level 2, 1-5 Clerkenwell Road, London EC1M 5PA; and is supported by experienced in-market representatives across regions and markets.
In 2014, the VINEX team of specialists recognised an opportunity to introduce new technology adding value to the wine trading industry at large.
In 2015 this proprietary technology was launched integrating the unique processes and security required of a comprehensive trading exchange.
VINEX is progressive and has since undertaken a major platform upgrade to manage increased trading activity, expanded into the grape trade and introduced a complementary bottled wine exchange in 2018.
Independently owned, the Exchange provides a range of business to business wine services to its members. Through the exchange, members now trade grapes, grape-derived bulk product (including grape juice, must, juice concentrate, wine, fortified and spirit) and bottled wines (including unlabelled, private labels and producer brands).
VINEX is a new generation digitised version of the industry’s current conventional trading processes. By harnessing powerful web-based price-matching and state-of-the-art technology, VINEX has developed a comprehensive and secure exchange accessible to all in the industry with data connectivity.
VINEX is proud to offer the following services and features to the industry:
|✔ Available wines from 12+ countries||✔ Connecting buyers from 47 countries
and 6,000 producers
|✔ Efficient wine sampling system||✔ Centralised dashboard controls|
|✔ Independent wine appraisal services||✔ Dynamic price charting and analysis|
|✔ Trading of Bulk and Bottled wines||✔ Access to real-time market insights|
|✔ Central exchange – Main Exchange||✔ Member anonymity for increased objectivity|
|✔ Discreet exchange – Sub Exchange||✔ Clearing & settlement approval process|
|✔ Bottled Exchange - Boutique Exchange||✔ Powerful digitised price matching|
|✔ Multiple buying trade methods,
including Procurement Action
|✔ Professional in-market Regional Managers|
|✔ Multiple selling methods||✔ Trade on your PC, tablet or mobile|
VINEX verifies all registration applications and upon acceptance provides members with access to the exchange features and market reporting, subject to membership level.
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VINEX is independent. The Company is not owned or aligned to any other company or organisation in the wine industry. Nor does it produce or take ownership of wines. Being independent gives VINEX the ability and integrity to provide customers with an objective and trustworthy service, including in-market consultation, real-time electronic trading and comprehensive market reporting and analysis.
Ensuring legal, ethical and fair trading
VINEX ensures legal, ethical and fairness in trading for all customers, large or small. In addition to a verification process on registration, members must agree to comply with the Trading Rules of the Exchange. VINEX protects the identity of all members, providing anonymity to ensure each is treated equally and fairly, ensuring a complete objective assessment of value. Finally, for the benefit of both parties, all trades are subject to Clearing & Settlement approval, including acceptance of a final sample and specifications prior to a Sale & Purchase Agreement.
The VINEX web-based marketplace platform utilises the latest, transactional technology ensuring integrity and fairness in trading. It communicates using 256 bit SHA-2 secured SSL protocols, applying a hybrid cryptosystem utilising both asymmetric and symmetric encryption.
The system has sophisticated load-sharing capabilities and an inbuilt triple redundancy service across international locations, provided by one of the World’s largest hosting providers. This architecture ensures real-time connectivity, along with stable and reliable access from any location, across multiple devices.
Trading on the Exchange should be undertaken using the latest web browser versions to ensure security and optimum performance.
We aim to provide members with increased market reach, along with comprehensive trading tools and uninterrupted access to market insights to trade wines efficiently and securely. Our vision is to be regarded by our wine industry peers as a credible trading and market reporting institution, greatly benefiting its members.
- Make a positive difference to our members, every time
- Act responsibly with independent integrity
- Uphold the highest standards of regulation and compliance
- Pursue industry best practice in supply and procurement
VINEX does not trade its own wine, take title over any parcel of, or packaged wine, nor produce wine or own wine production facilities. VINEX is not aligned to any wine business. VINEX does not guarantee the quality or winemaking compliance of a listed product but does provide a comprehensive sampling process and analytical service to members. Any wine listing making quality certification claims must provide evidence of that certification for verification, before a trade can be approved. VINEX does not facilitate the sale of wine to consumers, nor deliver wine samples to persons under the legal drinking age.
VINEX supports the responsible consumption of alcohol.
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