I’ve worked in both. For the purpose of the earlier conversation, the auctions for ad exchanges happen at about 1 order of magnitude more than for exchange trad

I’ve worked in both. For the purpose of the earlier conversation, the auctions for ad exchanges happen at about 1 order of magnitude more than for exchange tradable symbols. That is to say there is no tech reason that financial exchanges couldn’t run auctions. Aside: personally I think that continuous exchanges are great & people who have problems with them usually don’t know what they are talking about.