The Dutch auction is one of the same types of auctions, used to buy or sell goods. Typically, it refers to an auction in which the auctioneer initiates the goods at a higher price and lowers them until some of the participants accept the price or it reaches a specified price,  This type of auction Auction is usually used for goods that need to be sold quickly. Like – vegetables, tobacco, fresh produce etc.  A Dutch auction is also called a watch auction  This type of auction represents the advantage of time or speed in that it never requires more than one bid. 
Dutch auction was used for painting or property in 17th century Holland.  By the 17th century, a method of Dutch sapphire, called mining, appeared in England. Then the auction of the type which has not been used till now in England.
The Dutch auction leads the item at a price higher than what the seller will receive.  The price goes down until a bidder accepts the current price. That bidder wins the auction. and pays the price for the commodity. Idealize, “The 2010 Dutch auction for a property in south-x opened at $15,00,00. If no one accepts the initial bid, the seller reduces the price by $10,000. When the price reaches $10,00,00, a special bidder who takes That the price is acceptable and one can place a bid sooner – quickly accepts the bid, and suffers $10,00,00 for the property. 
Dutch auctions have been praised as being more efficient and fair. It has been suggested that the market for IPO is the better expert. Buying rates are usually hedge funds or mutual funds. As the market has reduced the price of his share. 
The (US) Treasury Department, (FRBNY) raises funds for the US government by auctioning through the Federal Reserve Bank of New York. FRBNY interacts with primary dealers including all banks or brokers. Which uses the Trading Room Automated Processing System (TRAPS), and delivers winning bids for up to 15 minutes.
Dutch auction dates back to the 17th century in Holland and England, which were used to quickly sell goods. Until the price of the goods is reduced in the Dutch auction, the unacceptable price of the bidder is not reached.