Glossary entry

English term or phrase:

call over system

Polish translation:

sprzedaz prowadzona przez przewodniczacego gieldy

Added to glossary by Astro Jaroslaw Rutkowski
Jan 20, 2003 12:07
21 yrs ago
English term

call over

English to Polish Bus/Financial Investment / Securities stock exchange
w takim znaczeniu jak na przykład w poniższych przypadkach:
"The trading method used on the ZSE is a call-over system organised on the floor of the exchange. Trading is done by open call over in two sessions. The system is paper based and a trading record is published by the ZSE daily and circulated to broking firms and the press. Deals are effected by placing an order with a local broker who completes the trade at the call over."
albo:
"Trading takes place on the Stock Exchange's Floor on Tuesdays, Wednesdays and Fridays commencing at 9:30 a.m. Securities are traded in alphabetical order, at the conclusion of which a call-over procedure is employed before trading ceases."

Proposed translations

23 mins
Selected

sprzedaz prowadzona przez przewodniczacego gieldy

to znalazlem w moim slowniku bankowosci - call-over price - price which is applied when selling is conducted by a chairman and not by open outcry - mam nadzieje, ze to pomoze

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Note added at 2003-01-20 13:05:30 (GMT)
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Apparently, in its bid to prevent what would have been a no trading situation on the Lagos floor, the Nigerian Stock Exchange (NSE), yesterday reversed the decarded call-over or manual trading system. During call-over, a system that was dumped in 1999 for the Automated Trading System (ATS). During transactions under the call-over, a chairman presides over equities\' trading as his major assignment is to allot traded shares to successful bids and offers.
patrz: http://www.thisdayonline.com/archive/2002/02/20/20020220mkt0...

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Note added at 2003-01-20 13:17:38 (GMT)
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patrz rowniez: There are currently 18 stock exchanges in Africa, but only two - those of Nigeria (the Nigerian Stock Exchange), and South Africa (the Johannesburg Stock Exchange) - are said to be fully developed with automated trading systems.

The other exchanges are currently operating the \"call-over\" system, under which the call-over Chairman reads out names of quoted companies and invitesbrokers to make offers and bids. Apart from being slow, this system is also said to be inefficient in the pricing of securities.
http://allafrica.com/stories/200010260203.html
Reference:

Slownik bankowosci

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4 KudoZ points awarded for this answer. Comment: "Dziękuję za pomoc!"
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