Computerized Market Systems, Inc.
Computerized Market Systems, Inc.Computerized Market Systems, Inc. specializes in customized designs, the implementation of auction mechanisms and other computerized market processes for operation on the internet or on local area networks. The company represents teams of experts on all aspects of electronic commerce.
Many market processes must be designed to meet special characteristics of the items being transacted. Success requires teams of experts.
Programs exist for the immediate deployment of standard auction processes such as English auctions, Dutch auctions and sealed bids. These can be deployed quickly and cheaply.
Market systems as powerful as those represented in the world financial markets can now be deployed for specialized purposes. Classical orders such as limit orders and market orders are standard and the ``book'' of outstanding orders can be made public so the process is completely transparent.
A computer can be an active participant, like a broker who finds and puts together deals. Buyers frequently want ``packages'' of various items for sale. Sellers in procurement auctions may be able to realize cost saving synergies by supplying several items as opposed to single items. Computerized markets use competition in a process of discovering the most efficient way to form and allocate packages among competitors.