Auction & Trading Expertise
Why NovaFori's auction and trading technology?
Auction and trading technology is the engine that powers B2B marketplaces, facilitating the exchange of goods through competitive processes. This technology, which drives dynamic pricing environments, empowers businesses to enhance their sales strategies, promoting effective price discovery.
Increase efficiency
Save time and effort through investing in future-proof infrastructure that can scale effectively.
Global reach
Conduct multiple and simultaneous online auctions on a global scale, in multiple languages and currencies.
Flexibility
Online auctions allow you greater flexibility when setting bidding windows, the number of available lots and trading rules.
Price transparency
Auctions balance supply and demand to bring the right price to the forefront.
Design the auction platform that is right for your needs
Our auction and marketplace experts blend analytical rigour and experience to design a mix of trading events and transaction types that generate the optimal conditions for trade. Multiple auction models can be deployed in your platform either individually or on a hybrid setup.
Auction models we support
How does English Forward work?
Sealed Bid
How does Buy Now work?
Capacity Auction
- Maximise total value gain across buyers and sellers.
- Simplify the decision processes faced by buyers.
- Enable buyers and sellers to reflect their degree of flexibility over the quantities they want allocated.
Scoring Auction
A solution for your industry
NovaFori provides auction technology solutions across diverse industries around the world. We adopt a collaborative and hands-on approach, combining our auction expertise with your industry knowledge and business requirements to design the platform that's right for you.
A global marketplace and exchange for voluntary carbon credits to drive environmental impact at scale.
A highly reliable and extensive technology platform for the world's leading auction house.
A fully integrated global auction platform for CarNext's vehicle leasing.
Market-leading auction platform for IPv4 address trading.