Blind reserve is a set reserve which a system would identify, globally, whether or not the quotes have met the reserve prices during the quote process. If the term ‘N/A’ appears in the reserve column, then there would not be reserve price which would apply to the event of interest. A reserve price is a hidden minimum price which essentially, the lowest price that the seller is willing to accept for the item. If the listing ends without any bids that meet the reserve price, the seller is not required to sell the item.