Undercut: Bidders Count

This parameter indicates after how many bidders I want the system to place my bids.

As I entered 3 in the bidders field, the system is going to place my bids after 3 bidders:

Keep in mind that you won't always be in the exact position you wish to. The reason for is that can be many identical bids at the exact same price level.

In Blur, bids at the same price are nested:

However, Tensor doesn't nest the bids and shows them individually:

Below you can see the values in full detail (up to 14 decimals):

So what happens here is, for instance, if you tell the system to place your bid in the second position, you will be placed in position 3, simply because there is no second position, or in other words, the first and the second position are identical.

Below there is a more bizarre example:

As you see the bids from 10th to 33rd position are identical. Which means if your bidders undercut input is anything between 10 and 33, you will be placed at the 34th position because there is no gap inbetween.