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Table of Contents
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Chapter 12
Chapter 13
Chapter 14
Chapter 15
Chapter 16
Chapter 17
Chapter 18
Chapter 19

Chapter 19: Market Making
Exchanges

The site http://www.ebay.com/ facilitates buying and selling by offering their site as an exchange. You can sell your old stuff on their site, or find a bargain.

Exchanges could potentially perform the following services: introduce buyers and sellers, assist in transaction especially where the material is highly specialized, assist in negotiations and terms, and provide secure bidding and transaction execution.

There are two different ways that revenue can be generated from making an online market. The seller can be charged a flat fee in a manner similar to the way that newspapers charge for classified ads. Alternatively, the seller can be charged a transaction fee based on a percentage of any completed transaction.


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