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Short Take: Real-time Web auction launches

Bidnask, promoted as the first interactive real-time trading site on the Web, has launched. Use of the site is currently free, but after the first month of trading, sellers will pay $2 per line item for items sold. The site then plans to shift to a commission rate of between two and eight percent.

Bidnask, promoted as the first interactive real-time trading site on the Web, has launched. Use of the site is currently free, but after the first month of trading, sellers will pay $2 per line item for items sold. The site then plans to shift to a commission rate of between two and eight percent.