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English auction: Easy explanation. [Video]

English auction: Easy explanation.

In this video, you will learn about the process of an English auction.

#englishauction #bidding #wallstreetmojo #auction #bidders

Chapters:
00:00 – Introduction
00:30 – What is an English auction?
01:25 – Examples
02:15 – Types
02:33 – English auction bidding strategy
03:03 – Drawbacks of an English auction
03:31 – Conclusion

What is an English auction?
An English auction is a process in which a product or an item is listed for sale, and people bids to purchase the thing.

The seller sets a reference price, and the bidders bid in ascending order until no more bids are made.

Examples
We have mentioned an example of an English auction in the video. Check it out to get a better understanding of the process.

Types
There are two types of English processes. One, which gets over in a single day. And, second, which goes for a couple of days.

English auction bidding strategy
There are two commonly followed bidding strategies:
Price step building
Higher price or lighthouse bidding

Drawbacks of an English auction
Firstly, the entire arrangement for the bidding process costs money, and the auction houses may sometimes be very expensive.

Secondly, since the higher price limit is not set, bidders can bid at any high price, cutting out smaller bidders.

Finally, the legalities and rules that regulate these processes may sometimes be too much to deal with.

This was all about the English auction. Subscribe to the channel so that you don’t miss out on our content, and also give this video a like.

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All about Stock halt- Part 2 [Video]

In this video, you will learn about stock halt, the reasons for it coming into force, and some advantages and disadvantages.#stockhalt #stockmarket #wallstreetmojo #stockexchange #regulatorChapters:00:00 – Introduction00:32 – What happens when a stock is halted?01:16 – Reasons for a halt02:11 – Advantages02:54 – Disadvantages03:27 – ConclusionWhat happens when a stock is halted?When a stock is halted, it cannot be traded on any exchange. Even brokers are restricted from buying or selling the stocks for themselves and their clients.Stock halts are not seen often; it happens only when the situation arises and is in place for a small period of time. Reasons for haltTrading in stock is halted because its price keeps increasing or decreasing a lot, and it becomes difficult to control. This happens when there’s a lot of volatility caused by many people speculating on the stock’s price.One primary reason for this behavior would be news releases. However, the SEC may also impose a stock halt if they discover that a company has been involved in some malpractices.AdvantagesThe most apparent advantage of a stock halt is that it protects stocks from becoming victims of panic buying or selling. By halting trading in a stock for a while, market participants are given time to re-evaluate and reconsider.(Explained in detail in the video)DisadvantagesIt is seen that after a stock’s price increases unprecedently, a halt is imposed, and after it is lifted, the price comes crashing down, showing no signs of stopping.This can cause losses to traders and investors that were unfortunately caught buying the top.This will be all for this video. Subscribe to the channel, like the video, and share it with others.==========================================================================Subscribe to Our Channel –Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo

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5 Best Sports Betting Apps ★ 2022 | Online Sports Betting Tips [Video]

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IFRS CPE Courses [Video]

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