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Re:Algorithmic Trading with Go by blibble on Friday June 30, 2023 @05:15PM (#36542402)
periodic auctions are common on european exchanges (pesky limits on dark pool volume)

instead of order entry + continuous matching: order entry is allowed, but no matching (like pre-open phase)

then after a random period of time the auction algo runs on the entered orders

then repeat the entire thing every second

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