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3.5.1 Auction trading of securities is conducted either as a call auction or a continuous auction.
Call auction refers to the process of one-time centralized matching of buy and sell orders accepted during a specified period.
Continuous auction refers to the process of continuous matching of buy and sell orders on a one-by-one basis.
3.5.2 The buy or sell orders not executed during the call auction automatically enter the continuous auction. |
