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advanced gib vs regular gib differences

#1 User is offline   sallyd 

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Posted 2012-January-04, 10:14

Can anyone tell me what is the difference between the Advanced GIB and Regular Gib, or where I can find the explanation. thank you
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#2 User is offline   cloa513 

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Posted 2012-January-04, 18:39

View Postsallyd, on 2012-January-04, 10:14, said:

Can anyone tell me what is the difference between the Advanced GIB and Regular Gib, or where I can find the explanation. thank you


The only difference is how long it allows to do simulations and therefore how many simulations it does in order to make a decision- for advanced more time and of course the pricing adv $1/day, basic $1/week. It was on a BBO notice when they introduced Advanced GIBs.
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#3 User is offline   barmar 

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Posted 2012-January-05, 02:47

Also, the basic GIBs don't do any simulations during the auction, they just make the book bids.
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