Podcast: Play in new window
In today’s episode, we’re diving into a topic that influences so many facets of our economy, but that often gets overlooked. Markets, algorithms, and the possibility of creating a more transparent and efficient way to trade commodities. Joining us today is Noah Healy, a mathematician and the founder of Cordisc, who is here to discuss a new approach he’s pioneering: the Coordinated Discovery Market, or CDM.”
What is Coordinated Discovery Market, or CDM & how is it managed?
At its core, CDM leverages a patent-pending approach to match supply and demand with far greater precision than current systems. By coordinating trades to occur at market-clearing prices, we improve price discovery significantly. Essentially, we’re creating a system that transparently reflects real market values without over-reliance on hedging or excessive speculation, which tend to drive costs up for everyone.
