Market maker order
Good till date order
Good today order
Fill or kill order
All or none order
Select an auction type
S1 - Carbon auction
Auction is defined in
EC regulation 1031/2010
. It is hidden auction, where bidders place price bids and volumes. After sorting all bids by price and bid time, price is evaluated by the lowest bid with volume that fits the auction volume. Every successfull participant pays the same price.
S2 - Financial auction
Auction is similar to the Carbon auction with the difference that the bidders pays the price they have ordered.
A1 - Standard auction
(English auction,Dutch auction)- If bidder would place a bid in 5 minutes before end of the auction, auction end time moves 5 minutes after time of last bid.
A2 - Fixed end
Standard auction, but time of auction end does not move.
A3 - Hidden auction
(Sealed first-price auction) - Visible is a call out price, but none of the bid prices.
A4 - Vickrey auction
(Sealed bid second price auction) - Visible is a call out price, but none of the bid prices. Winner of the auction pays second best price.
A5 - Multi auction
Standard auction, but auction creator can choose to go on also with other bidders (not only the best) if they accept it.
M1 - Managed auction
Auction at fixed time and place. Commodity Exchange Bratislava will hold managed auctions only for special occasions, or if the auction value will overcome 10 million €.
Commodity Exchange Bratislava, JSC
FAQ - Frequently asked questions