Markets for Hardwood Lumber
NASHLX is an electronic marketplace for hardwood lumber.
NASHLX automates prompt and non-prompt transactions with algorithms that are calibrated by buyers and sellers. A matching algorithm matches the like-minded buyer and seller according to their individual preferences revealed directly to NASHLX. A pricing algorithm that is based on economic theory and implemented with advanced math generates market prices calibrated according to the terms agreed upon by a buyer and seller.