---
title: Evolution of Market Microstructure in the Age of AI From Double-Sided Continuous Auctions to Agentic Markets
url: https://www.ml-quant.com/papers/ssrn/7530158/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-02
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7530158
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7530158
featured: 2026-10-02
citations: unknown
topic: Trading, Microstructure & Execution
---


# Evolution of Market Microstructure in the Age of AI From Double-Sided Continuous Auctions to Agentic Markets

A survey traces how market design rules evolved from floor trading to limit order books to automated market makers to agent-based trading systems.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7530158
- Identifier: SSRN 7530158
- Released: 2026-09-28
- First featured: Quant Letter No. 133 (2026-10-02): https://www.ml-quant.com/issues/2026-10-02/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution
- Authors: Irene Aldridge

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