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electronic marketplace

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electronic marketplace

Business-to-business electronic commerce site. E-marketplaces are often closed communities or industry trading groups, such as AutoXchange (set up by car manufacturers Ford, General Motors, and Chrysler) and GlobalNetXchange (set up by major retailers Sears of the USA, Sainsbury of the UK, Metro of Germany, and Carrefour of France).


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The new electronic marketplace will offer a catalog with full product information, ability to make comparisons across product lines, order tracking, electronic billing and payment, and on-line customer support.
NEW YORK -- Instinet Group Incorporated (NASDAQ: INGP) today announced October 2005 transaction data for its two major business segments: Instinet, The Institutional Broker and INET, The electronic marketplace.
NEW YORK -- Instinet Group Incorporated (NASDAQ: INGP) today announced September 2005 transaction data for its two major business segments: Instinet, The Institutional Broker and INET, The electronic marketplace.
 
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