Sentence examples for bid sniping from inspiring English sources
Bid sniping involves placing your bid as late as possible in the auction, typically in the last minutes or seconds before it closes.
And they call last-minute bids sniping.
In the authors' model, sniping pushes up bid-ask spreads, as marketmakers must insure themselves against it.
Further, it is noted that the closing price of an auction is negatively related to the proportion of risk-takers who adopt sniping strategy to submit their bids.
Winning an eBay auction these days practically requires, among other things, special "sniping" software that allows a high bid to be entered a millisecond before the auction ends.
Check bid history before the auction is over, many people use sniping tools - in some cases their final price may be shown before the bid reaches that amount.
The system makes it easier than ever to rush in with a bid at the last minute, a practice known as sniping.
I had heard of sniping programs, which automate the business of bidding to enable you to snap an item from beneath another buyer's nose in the last frenzied seconds of an online auction.
A last minute sniping war with another buyer may cause you to bid higher than you originally intended out of panic, thus undoing any potential savings.
Much of it wasn't conventional buying and selling at all, but so-called "sniping" or "sniffing" by HFT algorithms, trying to sense how much liquidity was available by making bids and then cancelling them fractions of a second later: a frantic game of pass-the-parcel the official inquiry afterwards described as a "hot potato" effect.
