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Anonymous Bidding

What does Anonymous Bidding mean?

A bidding structure in the market in which the identities of the traders behind a bid or ask is masked, which is used to prevent any advantages from this knowledge such as discriminating against specific buyers or sellers.

Futures Knowledge Explains Anonymous Bidding

The price and size of the bids and asks are seen in the market but the identities of the traders or firm behind the bid and asks are hidden.

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