The role of the market Maker on Toronto Stock Exchange (TSX) is to augment liquidity, while maintaining the primacy of an order-driven continuous auction market based on price-time priority.
做市商在多伦多证券交易所(TSX)的作用是增加流动性，同时在价格优先，时间优先的基础上保持订单驱动的连续拍卖市场。
Then this paper models the measurement of probability of informed trading in an order-driven stock market of China on the basis of stock transaction data.
根据知情交易者和未知情交易者行为，构建了交易者序贯交易过程。
Research on the features of limit order books under continuous double auction mechanism in the order-driven market is an important field of financial market microstructure theory.
研究指令驱动市场连续竞价阶段的限价指令簿特征是金融市场微观结构理论的一个重要组成部分。
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