Editorial Board

Slowing Down the Stock Market

Replacing the 24-hour, continuous trading of stocks with frequent batch auctions could help investors and the market.
Can more batch auctions cure what ails the U.S. stock market?

Many a fortune has been won (and lost) in the U.S. stock market. The market's primary purpose, though, is not to dispense riches but to serve the public good by allocating capital to the best uses -- to the ideas most likely to drive sales, earn profits and reward shareholders.

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