What’s Call Auction
Call Auction is a one-time matching method for all bid/ask orders during a certain period of time according to the price and time priority principles, and a reference price is met on this basis meeting the following 3 conditions:
1. It must be able to generate the greatest trading volume;
2. All placed bid/ask orders with prices higher/lower than the reference price must be completed executed;
3. Either side of all the placed orders with the same price as the reference price must be completed executed.