1) continuous auction and periodic auction
集合竞价和连续竞价
2) continuous auction
连续竞价
1.
On the basis of the data from 170 SSE stocks of Shanghai Exchange, an empirical analysis of the stock price behavior under two different trading mechanisms was made by comparing the characteristics of opening to open returns(the periodic call mechanism) with the ones of closing to close returns(the continuous auction mechanism).
以开盘价序列代替集合竞价机制下的价格序列 ,收盘价序列代替连续竞价机制下的价格序列 ,运用上海证券交易所 1 70只股票的交易数据 ,实证研究了两种交易机制下的股票价格特征 ,发现开盘价格具有更大的正态偏离性、更大的波动性和更显著的负自相关性。
3) call auction
集合竞价
1.
On the Effectiveness of Closing Call Auction in ShenZhen Stock Exchange;
深交所收盘集合竞价制度的实施效果研究
2.
Based on the hypothesis of heterogeneous traders, this paper analyzes the strategic behaviors of informed traders and uninformed traders during the process of call auction, and discusses the impact of indicator price information disclosure and public limit order book on the call auction process.
基于异质交易者假设,讨论了知情交易者和非知情交易者在集合竞价过程中的策略行为;分析了集合竞价过程中引入指示性价格揭示和公开限价指令簿信息对于集合竞价定价效率的影响;最后给出了该文结论的现实意义,并提出了相应的政策建议。
3.
Based on the order distribution assumption, this paper sets up a strategic trading game model of blind call auction.
从订单分布假设出发,构建了一个庄家和散户这两类交易者在封闭式集合竞价中的交易意愿和订单策略模型。
4) continuous auction market
连续竞价市场
1.
In order to investigate whether the trading mechanism affect the stylized facts,an agent-based simulation model for continuous auction market was built,in which agents fell into fundamentalists or random traders.
为了研究市场交易机制对这些特征有何影响,以我国证券市场交易制度为蓝本建立了一个连续竞价市场的基于Agent的仿真模型。
5) continuity mechanism
连续竞价制度
6) Bidding price subset
竞价子集
补充资料：连续竞价成交价的确定原则
连续竞价成交价的确定原则——
在连续竞价中，对新进入的一个买进有效委托，若不能成交，则进入买入委托队列等候成交；若能成交，即其委托买入限价高于或等于卖出委托队列的最低卖出限价，则与卖出委托队列顺序成交，其成交价格取卖方叫价。对新进入的一个卖出有效委托，若不能成交，则进入卖出委托队列等候成交；若能成交，即其委托卖出限价低于或等于买入委托队列的最高买入限价，则与买入委托队列顺序成交，其成交价格取买方叫价。
说明：补充资料仅用于学习参考，请勿用于其它任何用途。
参考词条