Discover how absolute auctions work with no reserve prices, awarding the sale to the highest bidder. Learn why they are ideal for quick property and asset sales.

James Chen, CMT is an expert trader, investment adviser, and global market strategist. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, ...

The auction format is becoming a more popular format each year and with good reasons. I believe it is the best format which takes away the intrinsic bias of draft position on the outcome of many ...

the buying and selling of products and services through a process of bidding. Bids are offered, taken, and sold to the highest bidder. Participants must bid against each other, and each consecutive ...