{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,8,14]],"date-time":"2026-08-14T15:29:58Z","timestamp":1786721398277,"version":"build-2736575974"},"posted":{"date-parts":[[2026]]},"group-title":"SSRN","reference-count":0,"publisher":"Elsevier BV","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"abstract":"<jats:p>We compare twelve queue allocation mechanisms, two Frequent Batch Auction (FBA) variants, and a new mechanism-Micro-Batch Clearing-against the continuous limit order book (CLOB) baseline using a dual-engine exchange simulation with over 60,000 fills per mechanism across 10 independent seeds. Three main results emerge. First, queue-level interventions (randomization, throttling, rotation) do not rank under CLOB in 96% of stock-days (mean |t| = 10.80) but has zero predictive power under randomized priority (mean |t| = 0.05).<\/jats:p>","DOI":"10.2139\/ssrn.6594798","type":"posted-content","created":{"date-parts":[[2026,4,20]],"date-time":"2026-04-20T16:31:35Z","timestamp":1776702695000},"source":"Crossref","is-referenced-by-count":0,"title":["Micro-Batch Clearing in Continuous Limit Order Books: Uniform Pricing Without Batch Auctions"],"prefix":"10.2139","author":[{"ORCID":"https:\/\/orcid.org\/0009-0005-8477-9393","authenticated-orcid":true,"given":"Boon Chuan","family":"Lim","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"78","container-title":[],"original-title":[],"deposited":{"date-parts":[[2026,8,14]],"date-time":"2026-08-14T14:39:15Z","timestamp":1786718355000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.ssrn.com\/abstract=6594798"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2026]]},"references-count":0,"URL":"https:\/\/doi.org\/10.2139\/ssrn.6594798","relation":{},"subject":[],"published":{"date-parts":[[2026]]},"subtype":"preprint"}}