Connect with buyers & sellers instantly

Auction @TheMoment can conduct existing auction types as well as new forms of auctions (more generally, “price interactions”) that have never existed before. With approximately 22 parameters (the exact number can vary based on market requirements), the @TheMoment UTE can provide over 26 well-defined auction types and can run over 700 distinct configurations of these types. When all possible permutations of the parameters are considered, the number of distinct price interactions that the UTE can conduct exceeds several thousand. 

With the unique innovation of the UTE is the self-describing nature of the auction or price interaction type for each lot. In @TheMoment’s terminology, a lot is a group of identical items for sale. Inside the UTE, a lot is represented as an object carrying basic information about the item for sale.

The architecture allows this strategy object to be replaced or changed on the fly, without changing other lot data at all.

The @TheMoment auction platform can be used to uniquely help in a company's liquidation manangement. Companies use auction systems to connect directly to buyers and sellers.