We were talking before about the oversupply. So there's about 120 million units sitting inside private accounts, right, and you compare that to the volume of trade that we're looking at here, where each auction will put forward just over 4 million units. So you've got, essentially, that large supply of 120 million out there, and it's really important to understand that one of the purposes of having an auction is to respond to demand signals that are provided by the market as a whole, and not to meet the individual needs of bidders. Of course, you will have—and we did have—a number of companies that made submissions from the perspective that they are coming from, which is their own individual needs, but if we were to design the market in that way, you wouldn't necessarily get the level of functionality that you're looking for. So there is, essentially, a different incentive for the market regulator than there is for the market participants. So that's a fundamental difference.