Auction

An auction is a form of trading procedure the winner of which is the person who offers the best price execution of the said contract by improving the initial price of the contract, specified in the notice, by the amount established in the sales documentation (auction step).Submission of price proposals by auction participants can be carried out repeatedly.

In an auction after the start date and time of bidding, if applications for participation have been accepted for the lot, the trading session begins auctionThe organizer can go to the trading session page by button “Trading progress” on the lot page:

On the bidding progress page, participants submit their price proposals.All received offers are anonymously visible in the “Trading Progress” block.Also on The page displays information about the time until the end of the trading session:

At the end of the trading session, the lot moves from the status “Trading in progress” to status "Summing up".