Difference between revisions of "MaterialsXchange"

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{{Infobox_Company <!-- Feel free to remove comments like this when you add real info -->
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__NOTOC__
| company_name =  
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{{Infobox_Company
| company_logo =  <!-- use the syntax: [[logo MaterialsXchange.jpg]] for this, or leave it blank -->
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| company_name =MaterialsXchange
| key_people =    <!-- CEO, President, etc, don't need to list everybody -->
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| company_logo =   
| foundation =    <!-- Year founded -->
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| key_people =    [[Mike Wisnefsky]], chief executive
| location =      <!-- Headquarters city, state, country -->
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| foundation =    2019
| employees =     <!-- Approx number of employees -->
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| location =      Chicago, U.S.
| products =      <!-- Quick list of types of things company does or produces -->
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| employees =       <!-- Approx number of employees -->
| twitter =        <!-- Twitter ID for the company, e.g. JohnLothian, or leave blank -->
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| products =      electronic exchange, commodities
| linkedin =      <!-- LinkedIn ID for the company -->
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| homepage=        [http://materialsxchange.com]}
| stocktwits =    <!-- StockTwits ID for the company, e.g. JohnLothian, or leave blank -->
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| facebook =      <!-- Facebook Page -->
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| homepage =      <!-- No web site?  Just leave this line blank -->
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| press =          <!-- A link to where press releases can be found, or leave blank to omit -->
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| blog  =          <!-- Blog site, or leave blank -->
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The first listings on MaterialsXchange (MX) were wood products, specifically Oriented Strand Board, European Spruce lumber and Southern Yellow Pine lumber. The inaugural transaction on MX matched Binderholz Timber  Inc. (a seller) with Hart Lumber a (buyer) for a first-ever deal between the two and consisted of a full truckload of 2x4 Euro Spruce from the Port of Houston.  
 
The first listings on MaterialsXchange (MX) were wood products, specifically Oriented Strand Board, European Spruce lumber and Southern Yellow Pine lumber. The inaugural transaction on MX matched Binderholz Timber  Inc. (a seller) with Hart Lumber a (buyer) for a first-ever deal between the two and consisted of a full truckload of 2x4 Euro Spruce from the Port of Houston.  
  
Historically, the commodity materials markets have been impeded by a lack of price transparency and an inefficient “call around” structure.
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Historically, MX founders say, the commodity materials markets have been impeded by a lack of price transparency and an inefficient “call around” structure.
  
 
== Products and Services ==
 
== Products and Services ==
MX’s platform is designed to offer its users real-time pricing for commodity raw materials, increasing efficiency for all market participants.
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MX’s platform is designed to offer its users real-time pricing for commodity raw materials, increasing efficiency for market participants.
  
 
== Key People ==
 
== Key People ==

Revision as of 12:27, 11 December 2019

RCG Division of Marex Spectron-337x80.jpg
MaterialsXchange
Founded 2019
Headquarters Chicago, U.S.
Key People Mike Wisnefsky, chief executive
Products electronic exchange, commodities
Website [1]}

MaterialsXchange (MX) is an an electronic marketplace for buying and selling raw materials that went live in October 2019. [1]


History

The first listings on MaterialsXchange (MX) were wood products, specifically Oriented Strand Board, European Spruce lumber and Southern Yellow Pine lumber. The inaugural transaction on MX matched Binderholz Timber Inc. (a seller) with Hart Lumber a (buyer) for a first-ever deal between the two and consisted of a full truckload of 2x4 Euro Spruce from the Port of Houston.

Historically, MX founders say, the commodity materials markets have been impeded by a lack of price transparency and an inefficient “call around” structure.

Products and Services

MX’s platform is designed to offer its users real-time pricing for commodity raw materials, increasing efficiency for market participants.

Key People

References

  1. MaterialsXchange Launches with First Raw Materials Transaction. MaterialsXchange via Businesswire.