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Siebel eAuction Guide > English and Modified English Auctions > Bidding Rules Used with an English Auction >

Single-Quantity Auctions

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General bidding rules for a single-quantity English auction item are as follows:

Winners are determined by ranking bids in order of highest price, then by earliest timestamp.
Initially, the starting bid defaults to the minimum amount a lister will accept for an auction item.
The lowest valid bid refers to the lowest bid necessary to successfully win a given auction item.
If no bids have been placed on an auction item, a user's initial bid must at least match the auction item's starting bid amount.
The bid value must be increased with each subsequent bid.
The lowest valid bid defaults to the highest bid plus the bid increment.

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