North American Tech Outlook: ICEcorp.com, Internet Commodity Exchange Corp.
July 01, 2000
by Emily Wilson
Internet Commodity Exchange
(ICEcorp.com) is the first and only online exchange for buying and selling grain and feed commodities.
Created by commodities traders for commodities traders, ICE's online trading platform, www.ICEcorp.com, offers the most efficient means to trade by enabling users to track, buy and sell at better prices over a much broader share of the market than traditional methods.
With ICE's new enhanced release, ICE version 3.5, traders can now "tender" for commodities. This new feature allows foreign buyers or sellers to float a tender for a specific commodity without attaching a price. Recipients of tenders can respond with bids or offers for quantities even if less than the tendered amount. For the first time, this enhancement creates the opportunity for domestic traders to tender for products. No other Internet exchange offers this feature.
ICEcorp.com allows users to capitalize on the unquestioned benefits of Internet trading: easy accessibility to information about trading; rapid connections to specific commodities and prices; and comprehensive monitoring of trade activity, both by trader and by market.
Visit www.ICEcorp.com to learn more about the company and the site components. Clear, extensive descriptions are provided on how to use the site.