Article 103. The securities companies that participate in collective trading through bidding at a stock exchange must be those that holdstock exchange membership.
第一百零三条进入证券交易所参与集中竞价交易的,必须是具有证券交易所会员资格的证券公司。
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The author argues that whether the employees holdstock for themselves or they do for the company depends on the facts that whether they whiling or they willing not to buy.