Auction Technology

Why NovaFori's auction technology?
We have every aspect of running an auction covered from understanding auction theory, to testing the market, and implementing your ideal trading model to unlock the maximum value for all parties.
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 trading platform supports multiple auction models that can be deployed either individually or in a hybrid set up. Tailored to your business needs, it facilitates price discovery across any use case.

Auction mechanisms we support
How does English Forward work?

Sealed Bid

Tender
- 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.

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.