The Internet and proper application of market-design principles make auction-based trading platforms an attractive, value-added, lower-cost option for many industries.
In this white paper Brad Miller and Margarita Patria describe how CRA International designed two successful commodity platforms for dairy and wool: Global Dairy Trade and Natural Fibre Exchange. The authors discuss how online auctions benefit buyers and sellers by lowering transaction costs, reducing risk, and generating reliable market information.
To read more about our experience designing commodity auctions, download the PDF below.
CRA’s Dairy Trading Platform achieves milestone of 10 million MT transacted
Today, CRA announced that cumulative transactions on its auction-based trading platform for internationally traded dairy products (Global Dairy Trade) have...