Regulation 6 Auction clearing price and resolution of tied bids
(1) The auction clearing price must be determined upon closure of the bidding window.
(2) An auction platform must sort bids submitted to it in the order of the price bid.
(3) Where the price of several bids is the same, these bids must be sorted through a random selection according to an algorithm determined by the auction platform before the auction.
(4) No bid below the auction reserve price is to be accepted.
(5) The volumes bid must be added up, starting with the highest bid price, and ignoring any bid below the auction reserve price.
(6) All bids making up the sum of the volumes bid determined pursuant to paragraph (5) must be allocated at the auction clearing price determined in accordance with regulation 7.