MetraWeather FAST Trader delivers the most accurate temperature forecast with the current market moving weather forecast data.
FAST stands for Forecast Accuracy: Swift Transmission. FAST Trader plots the GFS and ECMWF operational and ensemble runs against MetraWeather’s more accurate deterministic forecast, the previous run(s) and 10 year climatology. All forecasts and the climatology are aggregated to produce a single temperature forecast number for the UK, based on demand weighted LDZ sites. This information is delivered to subscribers at high speed as the raw data is published.
Take stronger positions and better judge market movements
FAST Trader has been designed to offer you the ability to trade delta between MetraWeather’s best forecast and the raw, ECMWF and GFS, market moving data; as soon as the raw data is published. While the raw model data drives perception, MetraWeather’s forecast is much more accurate. MetraWeather’s lower bias and lower Mean Absolute Error allow you to take stronger positions, improve your gains and better judge how the market will move when temperature is a key driver.
What makes MetraWeather's forecast so accurate?
Our temperature forecast combines medium range forecasts from global forecast systems, with short range mesoscale forecasts from high resolution models. We then apply our proprietary methodology to produce a seamless 15 day forecast with dependable accuracy through the step changes in forecast resolution. It calibrates huge amounts of model data using a short time series of historical data, and uses cutting edge statistical techniques to extract, combine and place the correct emphasis on the different strengths of the best models. FAST Trader comes with an ongoing skill score so you will know the skill (level of error and bias against ECMWF & GFS) of MetraWeather’s forecast in all weather regimes.
To discuss access to this market-leading energy trading tool, contact us now.