Core Viewpoint - The article emphasizes the importance of understanding the "centralized bidding" trading method in the stock market, comparing it to a bustling market where buyers and sellers interact to determine prices, particularly during the critical opening period of trading [1][3][5]. Summary by Sections Centralized Bidding Mechanism - Centralized bidding can be likened to a large market where buyers submit their highest acceptable prices and sellers their lowest, with the exchange acting as a facilitator to match these orders based on price and time priority [3][5]. - The process is characterized by fairness and transparency, as participants remain anonymous and unaware of each other's orders [3]. Price and Time Priority - Price priority means that buyers willing to pay higher prices are more likely to complete their purchases, while sellers offering lower prices can sell their goods more easily [3]. - Time priority ensures that if two buyers offer the same price, the one whose order arrives first is executed first, making the opening minutes of trading particularly dynamic and revealing of market sentiment [3][5]. Market Dynamics During Opening - The article illustrates the dynamics of centralized bidding by comparing it to a popular food stall, where high demand leads to competitive pricing, and the final transaction price often reflects a compromise between buyers and sellers [5][7]. - It highlights that the opening price established during centralized bidding may not reflect the market's direction once continuous trading begins, as external factors can lead to significant price adjustments [7]. Importance of Centralized Bidding - Understanding centralized bidding is crucial for investors, as it serves as an early indicator of market trends and can help avoid potential losses during the opening phase of trading [7].
股市小白必看!3分钟弄透集合竞价,开盘黄金半小时不再白给!
Sou Hu Cai Jing·2025-06-19 04:03