1. The Internet And International Business
... from www.chematch.com, the first online option contract was transacted on www.chematch.com. Chematch.com is a leading global Internet exchange for the selling and purchasing of bulk commodity chemicals. This first option online trade involved mixed xylenes, used in the production of polyester products. In this transaction, the Chematch ... .com member is able to purchase the right to sell or buy product for delivery at a predetermined date and at a defined price. If the option to buy is exercised, the product will be delivered. This differs from a financial option, where physical delivery...
- Word Count: 1479
- Approx Pages: 6
- Has Bibliography
- Grade Level: High School