"bolero.net" Announces Partnership with CoreMarkets
February 16, 2001
bolero.net, New York, NY, announced a deal with CoreMarkets, an online global marketplace for the international trading of raw materials for the steel industry. As part of the agreement, bolero.net will provide CoreMarkets with a system that offers secure electronic transmission of business data and documents along with the entire trade chain from front-end order processing and management to back-end trade document exchange. Launched in June 2000, CoreMarkets (http://www.coremarkets.com) has emerged as a leading online commodity exchange for the trading of ferroalloys, bulk ores, and other raw materials for the steel industry over the Internet. The online marketplace offers both public and private trading environments, as well as a complete portfolio of value-added trade services. This deal marks the third partnership within the steel industry for bolero.net. Earlier this year, two other metals exchanges, Ferrous Exchange and EMETRA integrated the Bolero System for international trading.