Services
Optimal Markets provides a variety of services for selling and buying items in opaque markets.
Optimal Markets offers:
- Turnkey auction platforms
- Customized single product and multiple product auctions
- Customized single parameter and multiple parameter auctions
- Auction design
- Consulting services
Turnkey Auction Platforms
These auctions are used for individual items which are bought from or sold to one buyer (a copyright, for example), as well as multiple units of homogeneous items which may be divided up among various bidders (commodities, for example).
Customized Single Product and Multiple Product Auctions
In certain cases, items complement each other, while in others they are substitutes. Optimal Markets offers designs that can be customized for these different needs, allowing bidders to express interest in a single item, even when multiple items are involved.
Customized Single Parameter and Multiple Parameter Auctions
Clients may need to accommodate multiple parameters simultaneously. For example, a seller might desire to optimize both flow rate and total quantity, two separate parameters for the same item. Our auctions enable this style of transaction, combining all the benefits of the more pedestrian sealed bid approach with the ability for bidders to improve their bids on an iterative basis.
Auction Design
Optimal Markets has designed many bespoke auctions for many different types of needs. We work with the world's preeminent game theorists to solve what otherwise are daunting problems. Our interests are aligned with our clients and we work to make sure that every auction is a success.
Consulting Services
Optimal Markets offers consulting services related to real-time, internet based solutions. While we specialize in auctions, we also build and deploy custom portals and electronic exchange backbones.