| Auction System SAS, NAS |
| Application Background |
Auction system of HEADING applies to all kinds of trading market.
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| Brief View |
Auction system supports continuous auctions for many times, fixed cycle auction at all kinds of exchanges. It leads a safe and fluent auction flow and ensures ¡°just, fair and open¡± in the auction process.
There are two types of auction systems: standalone auction system (SAS) and network auction system (NAS).SAS achieves the key functions of auction system while NAS adds network functions. See detail in ¡°network auction system¡± in ¡°Function & Feature¡±.
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| Key Functions£º |
# Auction management: manage auction special session, auction project, auction host and auction participant. The system can set up flexible regulations and gives the auction process strict supervision ; # Host terminal: the host will control the auction special session and process; # Client terminal: is used by auction participants. Before auction, it informs auction notice, auction project. In auction process, it informs the highest price and one¡¯s history price. So as to help the auction participants make correct decisions; # Big screen terminal: is used for displaying the current auction project¡¯s situation, including regulations, the highest price in process, dynamic histories, count down and completion of the auction.
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| Function & Feature |
# Easy to operate: auction administrator, host, participants and easily master the operations in standard Windows interface ; # Support stimulation: before formal auction, participant can simulate the auction process. Stimulation information can be canceled at anytime; # Flexible regulation: support different auction regulation set-up, e.g. response time, scope of added price, way of added price and so on; # Flexible control: the host can stop/recover the auction at any time, participants can also stop auction if the regulation permits; # Real-time synchronization: display the current auction state at all terminals to avoid the artificial disputes; # Unlimited auction: can add price for unlimited times; # Professional atmosphere: connect to many big screens with perfect sound effects, to create professional atmosphere in auction process; # Complete files: the host can instantly print all kinds of evidence files after auction, to guarantee the validation of the auction results; # Network auction: NAS has features as below: * Support second level system, which can add participants in the designated project; * Support allopatry auction at the same time.
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| Illustration of the Auction System£º |
Client terminal:

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