Questions tagged [call-auction]
A type of grouped auction where bidders and askers submit quantities and possibly prices in response to an equilibrium price posted by the auctioneer. Orders are posted for several rounds before trades take place until the quantity bid equals the quantity asked where a bulk trade takes place.
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How is a stock's closing price determined if there are multiple possible prices during the closing auction?
It is my understanding that during the closing auction, the selected closing price is the price at which the most number of shares would trade. But what happens if there is more than one such price? ...
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Should I buy or sell stocks during the opening and closing auctions only?
From what I see, there are a number of advantages of buying or selling stocks during the opening and closing auctions:
Huge liquidity. The opening and closing auctions have the largest amount of ...
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How do stock exchange specialists deal with opening auction imbalances?
I am having some problems understanding stock exchange opening auction imbalances. In Trading and Exchanges by Larry Harris, section 24.5.7 The Market Open, page 508:
Specialists conduct the opening ...
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Why would I participate in a stock exchange's opening and closing auctions?
During the trading day, stock exchanges function as continuous trading markets. The exceptions are the opening and closing auctions. Opening and closing auctions are call markets.
As a small retail ...
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What are "electronic calls" and "daily calls"?
I am looking at the details of some futures contract traded on Bovespa, a Brazilian exchange. In the "trading hours" section, I do not understand two things:
What is the "electronic call" at 17:55?
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