MARKETS: Bandwidth Trading
Sat, 5 Dec 1998 07:17:23 EST

Here's an interesting development: Setting Up a Bandwidth Market</A>

"Bandwidth trading floors have been set up by entrepreneurs
like Richard Elliott of London’s Band-X and Alex Mashinsky of New York’s Arbinet. They and a few others have recently set up online spot markets where telecoms can make bandwidth trades over the Internet.

"Creating a spot market for carrying capacity among telecoms
is only the first step in the commoditization of bandwidth: eventually, there will be a fully-functioning commodities market where minutes are traded as investments, and where many buyers and sellers never use the product."

	Greg Burch     <>----<>
	   Attorney  :::  Director, Extropy Institute  :::  Wilderness Guide   -or-
	           "Good ideas are not adopted automatically.  They must
	              be driven into practice with courageous impatience." 
	                      -- Admiral Hyman G. Rickover