uniform price auction การใช้

• A uniform price auction may be utilised to aggregate a quantity of units offered by more than one seller to multiple buyers.
• At the end of the auction, everyone paid the same price as indicated in the on-screen " auction arrow ", thus amounting to a uniform price auction.
• Some have also argued that a uniform price auction is more effective at price discovery, although the theory behind this is based on the assumption of independent private values ( that the value of IPO shares to each bidder is entirely independent of their value to others, even though the shares will shortly be traded on the aftermarket ).