Minimum tick size or the contract value is an equilibrium between market liquidity and operation cost.
不管是合约最小报价单位，还是合约价值的设计都是市场流动性与运作成本之间的均衡。
Each futures market has its own contract specifications, which detail the market parameters, such as the symbol, and the tick size.
每个期货市场都有自己的合约规范，其中详细说明了市场参数，如，符号，价格变动单位等。
Our results show that tick size is helpful to enhance the market efficiency of Shanghai closed-end fund market.
实证结果表明，最小报价单位影响市场效率，最小报价单位“分改厘”提高了上海封闭式基金的市场效率。
Tick size is an important part in the design of stock market trading mechanism.
最小报价单位是证券市场交易机制设计的重要组成部分。
Tick size is the one of the most important factors influencing the liquidity of security market.
最小报价单位是影响证券市场流动性的重要因素之一。
Tick size is the one of the most important factors influencing the liquidity of security market.
最小报价单位是影响证券市场流动性的重要因素之一。
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