It feels like something Matt Levine would have talked about.

He has

Any references you know about?

One easy pick: https://www.bloomberg.com/opinion/articles/2024-02-28/tradin...

Note that his half-jokey proposal for a total of 30 minutes of trading time a day is at this point a running theme. If my memory serves me correctly, he started talking about this phenomenon in the pre-plague years.