The growth of computational capacity and network connectivity is fueling the development of new types of electronic markets. In the financial arena, the OptiMark system is an example of this type of innovation. It enables buyers and sellers to completely describe their trading preferences confidentially, thereby avoiding impacting the market. This capability is expected to be a major boon to institutional traders, who are most greatly affected by the impact of large transactions. These new electronic markets provide value, but their confidentiality makes strategy selection less obvious.
Users have very little guidance in the preparation of effective bids or offers.
Its President, Fred Federspiel, was formerly Vice President of Sales for Bios Group. Bios Group Inc. Reproduction is not permitted without the written consent of Bios Group Inc.