Operate > WebSphere Commerce Accelerator > Work with auctions > Manage bids
Bid rules
Bid rules determine how bidding is allowed to proceed for Open Cry and Sealed Bid auctions.
A bid rule can contain the following elements:
- A reference number
- A name
- A description
- An associated auction type
- A minimum bid value
- A minimum bid quantity
- For Open Cry auctions, a minimum bid increment within specified price ranges
- Changing bid rules
Use the WebSphere Commerce Accelerator to change existing bid rules.
- Delete bid rules
Use the WebSphere Commerce Accelerator to delete existing bid rules.
- Withdraw a participant's bid
Use the WebSphere Commerce Accelerator to withdraw a participant's bid.