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

About Fastmarkets FOEX


  • Independent company located in Helsinki, Finland
  • Owned by Euromoney Institutional Investor PLC
  • Publishes audited pulp, paper, RCP, biomass and wood price indices
  • Offers contracts to the financial community for the use, against commission, of PIX indexes as benchmarks for financial products used in hedging price risks
  • Offers contracts with individual companies to use PIX indices as a basis for their supply contracts with their clients/suppliers or internally
  • Owns the trademark rights to the PIX indices
  • Provides subscribers with up-to-date pulp & paper market information
  • Fastmarkets RISI exclusive re-seller of Fastmarkets FOEX Pulp & Paper Subscriptions and Data Licenses
  • Staff highly experienced in pulp and paper sector
  • CEO: Daniel Klein

Corporate Policies

  • Modern Slavery Act Transparency Statement - As belonging to a division in the Euromoney Institutional Investor PLC concern, FOEX abides by the company's Modern Slavery Act Transparency Statement which can be found via the following link


  • 1986 - Finnish Options Exchange, public company main products: exchange rate and interest rate futures and options
  • 1996-98 - First indexes launched: PIX trade-marked, pulp futures and options traded
  • 1999 - FOEX ceases to be an Exchange and is privatized. Name changed to FOEX Indexes Ltd. and 1999 onwards new indices being launched almost yearly
  • 2017 - FOEX is aqcuired by Euromoney Institutional Investor PLC
  • 2019 - Becomes Fastmarkets FOEX

Fastmarkets FOEX Expert Paneltoggle

In order to further increase the reliability and value of the PIX index system, FOEX Indexes Ltd has an appointed Expert Panel. The main tasks of the panel include:

  • To provide their view on the price formation, should there be, for some reason, a period when sufficient price data from the market was not available (never happened so far)
  • Available to assist the Fastmarkets FOEX personnel in the development of new indices
  • To communicate to Fastmarkets FOEX the opinions from the market on the validity and use of the indices

The current expert panel members are:

Roman Hohol

Roman is Vice President, Custom Research at Numera Analytics, a global provider of macroeconomic and sectoral research. He is based in Canada.

See Roman's CV here

Teija Konttori

Currently a Managing Director at Vision Hunters, Teija has extensive experience in forest industry consulting. She is based in Helsinki, Finland.

See Teija's CV here

Tom Wright

Tom is Research Director at Hawkins Wright, based in London, the UK.

See Tom's CV here