Autobids

Autobids (automatic bids) submit bids for Open Cry auctions on behalf of customers. Customers supply the following information for each autobid:

• The initial bid price

• The maximum bid limit

• The desired quantity

• Their willingness to accept a partial quantity

Autobids are server-side agents that periodically update bids to maintain a winning status until the maximum bid limit is reached.

Related concepts

• Auctions

Related tasks

• Manage auctions