Abstract: Systems and methods are used for generating and updating user interfaces for facilitating an auction for contested resources and for enabling fractional bidding entities registered to place fractional bids for fractional ownership of the contested resources and full bidding entities registered to place full bids for full ownership of the contested resources. For example, systems are configured to generate and display bidder user interfaces, auctioneer user interfaces, and auction clerk interfaces that can be dynamically updated throughout an auction.

Abstract: Systems and methods facilitate managing allocation of contested resources between full bidding entities and fractional bidding entities. Systems identify a contested resource and determine a quantity of shares for the contested resource. Systems also identify different bidding entities, including full bidding entities and fractional bidding groups, with each fractional bidding group comprising multiple fractional bidding entities. During an auction, systems determine that a first total bid amount from a first bidding entity meets a first asking price, while a second total bid amount from a second bidding entity does not meet a second asking price. If the first bidding entity is a fractional bidding group, the systems allocate different subsets of shares to the different fractional bidding entities in the group. Alternatively, if the first bidding entity is a full bidding entity, the systems allocate all of the predetermined quantity of shares to the first bidding entity.

Abstract: Systems and methods facilitate managing an auction for contested resources between full bidding entities and fractional bidding entities that are enabled to place bids on the contested resources. Systems identify different bidding entities, including full bidding entities and fractional bidding entities, that are bidding on a contested resource. In a current bidding round corresponding to a current asking price of the contested resource, systems determine whether a total fractional bidding amount received from a fractional bidding group or a full bidding amount received from a full bidding entity at least meets the current asking price. When a bidding amount at least meets the current asking price, the systems terminate the current bidding round and initiate a new bidding round with a new, higher asking price for the contested resource.

Abstract: Systems and methods facilitate managing bid requests for contested resources between full bidding entities and fractional bidding entities. Systems identify different bidding entities, including full bidding entities and fractional bidding entities, that are bidding on a contested resource. In an initial bidding round corresponding to an initial asking price of the contested resource, the systems receive bidding requests from different bidding entities. The systems determine whether the bidding entity associated with a particular bidding request is a fractional bidding entity or a full bidding entity and whether the particular bidding request meets predetermined bidding criteria. If the bidding request meets the bidding criteria, the systems accept the bidding request and place the bid at the bidding amount. If the bidding request was from a fractional bidding entity, the systems define a fractional bidding group for the initial bidding round including multiple fractional bidding entities.