Zerodha Auction Tie-break

Multiple offers at the same price in auction

From WebNotes, a public knowledge base. Last updated . Reading time ~2 min.

For the detailed framework on how multiple auction offers at the same price are allocated, see Multiple offers at the same price in auction (the canonical article).

Quick summary

  • Time priority: earlier orders match first.
  • Pro-rata in specific cases.
  • See canonical for full details.

See also

External references

References

  1. NSE India, Auction allocation, nseindia.com.
  2. SEBI, Time priority and pro-rata, sebi.gov.in.

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