Well-informed decisions yield success. The
knowledge needed for decisions is often scattered among a
group of people, whether within a firm, across a customer
base, or among piers. Conventional processes of sampling and
refining such knowledge are expensive, rarely sufficient,
and often wasteful. Net Exchange's newest trading technology
enables markets that gather scattered information, test it
for quality, and refine it into information signals (prices)
-- scattered knowledge is transformed into Common Knowledge.
Markets aggregate information, signaled
as prices. Individuals and firms use the price information
to aid decision making. This is true for spot markets (current
commerce), for futures markets (predictions of future commerce),
and for derivatives markets (risk management).
This is all quite normal in cases where
the market operator is an independent third party who facilitates
trading. But using a market as a decision support process
to aid the market operator in making decisions begs the question,
"How to get traders to reveal quality information when
the operator acting on that information may cause the traders
to lose their shirts?"
The answer to this question is straightforward,
"Let traders hedge against possible decisions."
This is precisely what Net Exchange's combinatorial automated
market maker (CAMM) technology enables.
To learn more, please contact
us: inquire@nex.com.
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