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Carlyle, which paid a mix of stock and cash, will make Vermillion its main commodities trading platform.
Open Mineral, a physical commodities trading platform, has now closed an investment round ($2.25 million) to do just that.
There's an entrepreneur participating who is using a commodities trading platform to maximize profits while empowering farmers, since the expense of middle-men nearly cost his family their farm.
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The owner of the venerable New York Stock Exchange is in talks to be acquired by an upstart commodities and derivatives trading platform, according to people briefed on the matter.
N.Y.S.E IN MERGER TALKS | The owner of the New York Stock Exchange is in talks to be acquired by the IntercontinentalExchange, an upstart commodities and derivatives trading platform, in an $8 billion deal, people briefed on the matter tell DealBook's Michael J. de la Merced.
Earlier in the day, Liffe -- as the electronic trading platform for commodities, currency and equities is called -- said it had received several overtures.
Users publish their real world commodities trades on the platform.
As Chavez described it, Goldman Sachs had been building a Bitcoin trading platform modelled on a commodities futures trading platform, where there is never any Bitcoin traded, but more the promise of how the currency might move.
We are going to bring the kind of trading platform and visibility to tangible products that financial and commodities markets have used for decades," Gilbert told TechCrunch.
IntercontinentalExchange, an Internet-based platform for certain types of over-the-counter instruments, said "technical issues" forced it to suspend energy and commodities trading for about an hour.
RBS Sempra Commodities, its commodities trading arm.
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