call auction meaning in English
合竞价
Examples
- Sailing flowers mainly through wholesale and retail , and exchanging mainly through face to face , but now , a method called auction has been used in the flower trade
花卉流通主要通过批发、零售进行销售。花卉交易以对手交易为主,但已开始运用拍卖这种营销方式进行交易。 - Although the open call auction brings some side effect , it absorbs more investors to participate in action and the increasing traders would make the equilibrium price more efficient
虽然噪声投资者会带来负面影响,但吸引更多的投资者参与交易能使采用开放式集合竞价方式确定的均衡价更有效率。 - If the number of the traders in open call auction is same as the close call auction , the efficiency of the former is less than the latter because there are some noise traders in the open call auction
如果参加两类集合竞价的投资者人数相同,由于开放式集合竞价会吸引噪声投资者,那么采用封闭式集合竞价比采用开放式集合竞价的效率高。 - The results indicate that if all the investors all full rational , the equilibrium price , whether using close call auction or open call auction , is the unbiased estimator of the risky assets true value
研究结论表明,若所有的投资者都是理性的,无论采用封闭式集合竞价还是开放式集合竞价,那么均衡价格均是风险资产真实价值的无偏估计量。 - In the paper , we use the method of financial market microstructure theory to study the price discovery process of close - and - open call auction with limited order in the framework of rational expectation
摘要采用金融市场微观结构理论的方法在理性预期的框架下研究了只允许提交限价指令情形下的封闭式集合竞价与开放式集合竞价的价格发现过程。