auction·Auction & microstructure
Absorption
Aggressive flow being eaten by passive size at a level without price moving. Reads as a stack of large bid- or ask-side prints with no progress — the ledger of who actually wants the level.
Related terms
How the desk uses this
Auction-theory terms like this one are what the Nexural indicator suite is built to surface in real time — footprint, delta, CVD, volume profile.