HoustonStreet plans to incorporate OptiMark’s patented matching engine technology into its gas, power, crude oil and refined products exchanges over time, giving customers enhanced trading opportunities. The OptiMark software allows traders to submit bids and offers based upon various trading desires, including price, size and other attributes. OptiMark also allows for contingent linked trades, meaning that it uses sophisticated algorithms to match buyers and sellers based upon their respective wish lists for products that may be traded in separate markets. HoustonStreet intends to begin providing this enhanced trading tool to energy traders in the first quarter of 2001.
EPA has released its annual air quality trends report showing that air quality nationally continues to improve. Even so, in 1999, 62 million Americans lived in areas that had unhealthy air for at least one of six major pollutants.