call market

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Call Market

An exchange or place on an exchange where trading occurs only at particular times, rather than throughout a trading day. On a call market, brokers take orders to buy and sell securities, record them, and execute orders at the appropriate time along with other brokers. Call markets are most common where there is little trading volume.

call market

A market in which trading in individual securities occurs at specific times as opposed to continuously. In a call market all orders to buy and sell a particular security are assembled at one time in order to determine a price at which most of the orders can be executed. The participants then move on to a different security. Call markets are frequently used in situations in which there are few securities and participants.
References in periodicals archive ?
Previous papers mostly assumed Walrasian market clearing; previous research, on the other hand, has shown that especially the implementation of wage rigidities brings the findings of business cycle models much closer to stylized facts from real economies than it would be possible otherwise.
Roy, 2002, Trading a Durable Good in a Walrasian Market With Asymmetric Information, International Economic Review, 43: 257-282.
In Austrian economics, the mystery of neo-classical equilibrium and associated Walrasian market clearing is swept aside by introducing historical time, true uncertainty and heterogeneity of individuals.
Thus, the long-term time deposit market is alternatively a Walrasian market for the long services A" of numeraire as fixed capital.