http://youtu.be/IbSOHwCOnG0The guy talks about how the trades take place in today's exchanges. EDIT: Honestly don't know if an implementation of that technology he talks about would be good for bitcoin...Maybe not for speculators, as the price couldn't swing too much in a short time.
Max is credible. He actually did invent virtual stock exchanges back before Satoshi or anyone knew what they were. So he should at least be respected for having been a legit contributor to the field of study he's discussing. He's not Alex Jones. Alex Jones never invented a damn thing and isn't an intellectual in any field.