CRA’s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted
CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services , today announced that cumulative transactions on its auction-based trading platform for internationally traded dairy products (Global Dairy Trade) have surpassed 10 million metric tons sold with more than $34 billion transacted.
- CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services , today announced that cumulative transactions on its auction-based trading platform for internationally traded dairy products (Global Dairy Trade) have surpassed 10 million metric tons sold with more than $34 billion transacted.
- “The success of our innovative trading platforms reflects the experience, expertise, and dedication of our Auctions & Competitive Bidding practice team.”
CRA developed the platform and managed the first trading event in July 2008. - Since then, CRA has managed 334 dairy trading events to date.
- The twice-monthly trading events are conducted using CRA’s Trading System for Efficient Markets (TSEM™), which also is used to conduct smaller dairy auctions in the weeks that larger trading events do not take place.