Yet consolidation is inevitable because of the sheer number of exchanges. There are over 30 exchanges that served the chemical industry. That's an awful lot. For all of that, A.T. Kearney's Jung said more exchanges will come on line this year. Private exchanges, which focus on trading between two to three partners, will become more popular in 2001, Jung said.
Private exchanges can be more focused, and more attuned to their constituent companies' needs.
All at your fingertips, all in TechEncyclopedia.