Search results
Results from the WOW.Com Content Network
The bid–ask spread (also bid–offer or bid/ask and buy/sell in the case of a market maker) is the difference between the prices quoted (either by a single market maker or in a limit order book) for an immediate sale (ask) and an immediate purchase (bid) for stocks, futures contracts, options, or currency pairs in some auction scenario.
DealDash. DealDash is a bidding fee auction website. It was founded in 2009, and is headquartered in Minneapolis, Minnesota, United States. [1][2][3] Users buy "bids", which are credits priced at 13 cents each, which increase the listed price of the item by 1 cent. If no user places a bid after the previous bid, by a time specified (9 seconds ...
A double auction is a process of buying and selling goods with multiple sellers and multiple buyers. [1] Potential buyers submit their bids and potential sellers submit their ask prices to the market institution, and then the market institution chooses some price p that clears the market: all the sellers who asked less than p sell and all buyers who bid more than p buy at this price p.
URL. www.bobshop.co.za. Launched. 1999. Bob Shop, formerly Bidorbuy or bidorbuy.co.za (officially written as one word, all-lowercase; variations: bid or buy, Bidorbuy and Bid or Buy), is a South African e-commerce website based on an internet auction and online marketplace. Transactions on Bidorbuy are in South African Rand.
An American auctioneer using auction chant at a livestock auction, November 2010. An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described ...
A Dutch auction initially offers an item at a price in excess of the amount the seller expects to receive. The price lowers in steps until a bidder accepts the current price. That bidder wins the auction and pays that price for the item. For example, a business might auction a used company car at a starting bid of €15,000.
A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2]: p2 [3]
As of December 2022, the most expensive watch (and wristwatch) ever sold at auction is the Patek Philippe Grandmaster Chime Ref. 6300A-010, fetching US$31.19 million (31,000,000 CHF) in Geneva on 9 November 2019. [3][4] The most expensive pocket watch ever sold at auction is the Patek Philippe Henry Graves Supercomplication, fetching US$23.98 ...