There is currently a dark pool using a similar method:<p>&quot;The London Stock Exchange’s Turquoise Midpoint Dark Pool has a service known as Uncross, which matches orders at the midpoint of the bid and offer with auctions held randomly every 5 to 10 seconds.&quot;<p><a href="https:&#x2F;&#x2F;blogs.cfainstitute.org&#x2F;marketintegrity&#x2F;2014&#x2F;11&#x2F;10&#x2F;are-frequent-batch-auctions-a-solution-to-hft-latency-arbitrage&#x2F;" rel="nofollow">https:&#x2F;&#x2F;blogs.cfainstitute.org&#x2F;marketintegrity&#x2F;2014&#x2F;11&#x2F;10&#x2F;ar...</a>