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。
In call auction market, the price reflects the accumulation of market information, its efficiency is higher than in continuous auction market.
集合竞价市场的价格反映了累积的市场信息，其市场效率要高于连续竞价市场。
Some Wall Street analysts viewed the German bond auction as a wake-up call.
一些华尔街的分析者吧德国的公债竞投看成是提醒信号。
Except as in 1 a substitution not permitted by a is cancelled. The original call stands and the auction continues.
除非1目中的一个更替叫牌没有被A款接受而勾销。原来的叫牌成立并且竞叫接续。
During the auction and before the final pass, any player may request, but only at his own turn to call, an explanation of the opponents 'prior auction.
竞叫期间，在最终不叫前，任何牌手当轮到其叫牌时都可要求解释对手解释之前叫牌。
During the auction and before the final pass, any player may request, but only at his own turn to call, an explanation of the opponents 'prior auction.
竞叫期间，在最终不叫前，任何牌手当轮到其叫牌时都可要求解释对手解释之前叫牌。
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