Who owns blocker auction?

Blocker Auction has been in the auction profession for 44 years. It is owned by Jimmy Blocker, from Walterboro, SC. A graduate of Nashville Auction School and Indiana University/Ceritied Auctioneers Institute. Jimmy is licensed in SC, NC, GA, FL & AL.

How does an auction market work?

In an auction market, buyers enter competitive bids and sellers submit competitive offers at the same time. The price at which a stock trades represents the highest price that a buyer is willing to pay and the lowest price that a seller is willing to accept. Matching bids and offers are then paired together, and the orders are executed.

What is a double auction market?

An auction market also known as a double auction market, allows buyers and sellers to submit prices they deem acceptable to a list. When a match between a buyer’s price and a seller’s asking price is found, the trade proceeds at that price. Trades without matches will not be executed.

What is a block trade?

A block trade is a large, privately negotiated securities transaction. Block trades are generally broken up into smaller orders and executed through different brokers to mask the true size. Block trades can be made outside the open market through a private purchase agreement.