Zabara

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Zabara

Applies mainly to international equities. Japanese securities transactions conducted on the principal of auction, i.e., (1) price priority in which the selling (buying) order with the lowest (highest) price takes precedence over other orders, and (2) time priority in that an earlier order takes precedence over other orders at the same price.

Zabara

A system of equity trading in which an order with a better price has priority over other orders; if two orders have the same price, the order made first is executed first.
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