All of these initiatives highlight how electronic markets are starting to call the shots. It also showed the technology industry has matured enough to play on the same stage as the old men of commerce.
A newly created standards organisation for business-to-business (B2B) ecommerce, lead by Commerce One, may conflict with existing standards bodies and increase a feeling of unease among end users, analysts fear.
It states that an open and secure retail market there is the need "to create the legal conditions for electronic commerce on a pan-European scale". John Healey, Economic Secretary to the Treasury, said in a statement: "We have prepared this guide...
This is likely to nullify labour arbitrage benefits and thus decrease the value proposition for businesses to open an offshore call centre. The report cites savings of 25 to 35 per cent by moving a US call centre to India, but that the same service...
Sheri Markose, director of the Centre of Computational Finance and Economic Agents (CCFEA) at the University of Essex, said: "There are many stories about the demise of cash in the face of electronic payments" with ecommerce in particular helping...
In contrast to equities, fixed-income markets provide no opportunities for arbitrage - the simultaneous purchase and sale of the same securities in different markets to profit from unequal prices - because the securities are seldom quoted on...