The Washington Correspondence (WC), a biweekly summary of news and feature items affecting the oilseed industry prepared for NIOP members by The Kellen Company has published the following:

GateTrade, Inc. as a long time NIOP member has announced the completion of an online interactive trading site. The site, which begins beta testing through a secure Internet link, will provide a platform to facilitate transactions of palm oil and coconut oil and their related products with real-time matching and negotiations. Let's all applaud Dr. Susan Tan Luo, Founder, CEO and President of GateTrade for their continued success in the industry.

About GateTrade
GateTrade is a privately held company headquartered in San Francisco, California. GateTrade acts as an electronic intermediary to provide a secure, rich trading environment that directly connects buyers and sellers of agricultural products. GateTrade has built a global electronic marketplace to modernize agribusiness transactions by instantaneously reporting trades as they occur. The marketplace displays selling and buying ideas in a real time environment, which enhances the price discovery process. For more information visit www.GateTrade.com or call 415-771-6388.