New York Board of

By Larry Dignan  |  Posted 2003-09-10 Print this article Print

Trade Base Case"> New York Board of Trade Base Case

Headquarters: World Financial Center, One North End Avenue, New York, NY 10282

Web Site: (Phone not yet assigned)

Business: Commodity exchange trading sugar, cocoa, coffee, orange juice and financial products.

Chief Information Officer: Steven Bass.

Exchange Volume 2002: 20.9 million shares traded; 2003 (through June 30): 12 million shares.

Challenge: Migrate from paper-based trading records to wireless handhelds. Determine the future of its Long Island City backup trading site.

Baseline Goals:

  • Use wireless handhelds for entering information on the majority of trades.

  • Boost trading volume an additional 10% to 15% in 2004.

  • Cut operating costs by sharing expenses with the New York Mercantile Exchange.

    Business Editor
    Larry formerly served as the East Coast news editor and Finance Editor at CNET Prior to that, he was editor of Ziff Davis Inter@ctive Investor, which was, according to Barron's, a Top-10 financial site in the late 1990s. Larry has covered the technology and financial services industry since 1995, publishing articles in, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism.

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