Orderbook Auction

The Bounce Order Book, an innovation from Bounce Labs, is a new auction mechanism designed to enhance the experience of both auctioneers and participants. Unlike spot trading or derivative trading, it is specifically intended for use during the pre-trading period and operates within defined start and end times. During this period, auctioneers can submit ask orders with price and quantity, while participants can place bid orders with their desired price and quantity. Bids can be canceled or modified until the end of the auction period, after which matching will occur and orders will be executed.
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