You are talking about a relatively "new" concept, called Frequent Batch Auction, or Periodic Auction[0]. I remember first hearing about these ideas in the mid-

You are talking about a relatively "new" concept, called Frequent Batch Auction, or Periodic Auction[0]. I remember first hearing about these ideas in the mid-noughties (around 2004..2007), but then again, I was in a technical university with an economics department. The FCA link refers to a paper from 2013, so by that time the topic should have been pretty well researched. 0: https://www.fca.org.uk/publications/research/periodic-auctions https://www.fca.org.uk/publications/research/periodic-auctio...