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Important decision in auction design is whether or not market participants can access information about the current state of the order book(s). Auctions mixing in the SealedBidding trait do not allow access to the state of order books; auctions mixing in a OpenBidding trait must implement a method to allow market participants to view the best ask/bid orders contained in the order books.
The text was updated successfully, but these errors were encountered:
Important decision in auction design is whether or not market participants can access information about the current state of the order book(s). Auctions mixing in the
SealedBidding
trait do not allow access to the state of order books; auctions mixing in aOpenBidding
trait must implement a method to allow market participants to view the best ask/bid orders contained in the order books.The text was updated successfully, but these errors were encountered: