L1 and H1 are key bidding ranks that tell you who currently has the best bid.
L1 (Lowest 1): This rank is used in a reverse auction. The L1 bidder is the one who has submitted the lowest-priced bid. This is the most favorable position for the buyer.
H1 (Highest 1): This rank is used in a forward auction. The H1 bidder is the one who has submitted the highest-priced bid. This is the most favorable position for the seller.
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