< previous page page_251 next page >

Page 251
Pit Stops:
Talpx Spells Lumber
What is the future of Chicago-style trading? Well, look out. Here comes Talpx. This is a unique cash lumber exchange located at 303 W. Madison. There are no pits, market makers, scalpers, spreaders, or options.
The traders are the big players in the forestry business. The power of this virtual exchange is the fact that they tie the Internet and trading software together in a closed-end system. Bids and offers are displayed real-time, and delivery does take place. No speculators please. No running stops here.
If the idea takes off, they plan to market the concept worldwide. As they say in Chicago, this could be big . . . really big.
Talpx can be contacted at (312) 424-0334; Fax: (312) 424-0470.

 
< previous page page_251 next page >