If this hypothesis proves correct, then it is likely that any gapping phenomenon would disappear once the transition to the new framework is complete and the new market infrastructure has become well established. Meanwhile, the electronification of markets has also made progress in interest rate and equity markets.
Over recent months, certain institutions have made available, particularly on the internet, relatively cheap automatised trading systems. These systems carry out the matching of orders as well as the settlement of transactions, sometimes on a net basis, with the stock exchanges.