Not exactly relevant to the discussion of our economics model as there is no autonomous entity within these exchanges serving to smooth out the volatility.
Huh?
You don't think that it is software that decides to stop the trading?
(the software might get its orders from the government but I am pretty certain that the actual decision to stop the trading is done by software)
Stopping trades for a short time does little to smooth out movements. It only prolongs them to when the exchange reopens. Our stability mech. allows continuous operation.