Negotiation System

General System Properties:

  1. Real time
  2. Networked Markets exchanging spot prices
  3. Trade online via internet

Mode: Live Negotiation

  1. Buyers or Sellers can submit their offers into the system by completing a form online.
  2. Any one in the target group can respond by accepting the offer or make a counter offer.
  3. A private negotiation may be carried out until both sides agree to the same terms.
  4. A contract is created for both parties.
  5. This mode is suitable for a forward contract.