It offered an electronic contract, which was faster and cheaper because it cut out the floor broker.
Two years ago, the Chicago Board of Trade introduced an electronic gold futures contract and has parlayed it into a 19% share of the trading in gold futures.
Two years ago, the Chicago Board of Trade (nyse: BOT - news - people ) introduced an electronic gold futures contract and has parlayed it into a 19% share of the trading in gold futures.
The irony of this approach was that, like the original Electronic Data Systems contract, it embodied fashionable ideas at the time it was first formulated, but now that the Navy is ready to actually implement those ideas they look a bit outdated.
FORBES: Navy Spending Billions To Make Its Networks Less Secure
T. contracting organization, has done a good job in combining clear contract goals and electronic observation of software engineers.
Much of the case has hinged on electronic documentation: emails that Ceglia claimed to have exchanged with Zuck about Facebook and electronic copies of the alleged contract that the two signed.
FORBES: Facebook Offers Court 'Smoking Gun' Against Paul Ceglia
No surprise that contract manufacturers for electronic gear have sprung up in Malaysia and China, where skill levels are high but labor costs only a fourth what it does in the U.S. GM's former parts-making subsidiary, Delphi, which opened its first plant in Mexico in 1978, now has 55 plants there.
The site then stores an electronic version of the mutually signed contract for later review if necessary.
This fall an electronic trading system run by 14 major banks will introduce a surrogate contract for eurodollars, by far the Merc's biggest pit.
Medicare needs to require of any private health plan that wants to contract with it for any reason that they use a single, completely electronic, standardized, end-to-end payment framework for doctors and hospitals.
Cisco Systems was a pioneer in fabless electronic gear, taking advantage of the internet to connect customer orders directly to the shipping docks of its contract manufacturers.
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