NASDAQ and NYSE offer intraday crosses in addition to the continuous cross.
Having only discreet crosses would not remove the value in lower latency for trading economic releases. There have been a variety of services (like Pipeline) that have services to facilitate large block trades. I fail to see how this would increase liquidity.
Having only discreet crosses would not remove the value in lower latency for trading economic releases. There have been a variety of services (like Pipeline) that have services to facilitate large block trades. I fail to see how this would increase liquidity.