block trading

for the block trading of bond, it has less absolute frequency and higher relative proportion.

债券大宗交易发生的绝对次数少但相对比例高.

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the analysis of block trading in bilateral contracts shows that it is suitable for the generation and consuming of electricity in power systems and block trading can supply customers with cheaper electricity compared with hourly trading method.

通过对双边合同中分段交易的分析结果表明，电力分段交易符合电力系统的生产和消费特性，与分时交易相比用户能够得到更廉价的电力。

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block trading is a special trading mechanism of the securities market and a supplement to ordinary trading mechanism; it is also an important part of the market microstructure theory.

大宗交易是证券交易市场的特殊交易机制，是对证券市场普通交易机制的补充，也是市场微观结构理论要研究的重要部分。

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block trading system: special arrangement of institutional investors

大宗交易制度：机构投资者的特殊安排

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since the block trading system launched the shenzhen stock exchange on february 25th, 2002 and the shanghai stock exchange on january 10th, 2003, china began to explore the standardization and marketization of block trading.

自深交所在2002年2月25日，上交所于2003年1月10日推出证券市场大宗交易制度以来，我国开始了对证券大宗交易的规范化和市场化探索。

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by functional division, the project contains international area, processing area, block distributing area and trading and logistic area.

依据功能划分，项目分为国际区、工区、料集散区、贸物流区。

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to reduce the transaction cost and increase revenue, stock index futures block traders should consider the impact cost when they make block trading execution.

机构投资者在期货市场进行大额交易时，要在考虑冲击成本的情况下制定大额指令执行策略，从而减少交易成本，提高收益。

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finally, the paper makes policy recommendations to improve the block trading mechanisms and strengthen effective block trading market supervision.

最后，本文从完善大宗交易机制和加强大宗交易有效的市场监管方面提出了政策建议。

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Unifying GBM, developing over-the-counter market and building an block trading market to realize integrity and diversification of transaction system;

统一国债市场，发展场外市场，试行大宗交易市场，以实现交易场所的统一化及层次化；

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