Market Structure
How trading venues, markets and execution systems are organized.
4 articles
Research
Event Contracts vs. Price Contracts: Two Different Ways to Express a Market View
A price contract pays according to how far a market moves; an event contract pays a fixed amount according to whether a defined outcome occurs. The two express a view in structurally different ways, with different risks.
2026-08-23 · 6 min read
Research
Why a Multi-Asset Platform Needs More Boundaries, Not Fewer
Putting spot, derivatives, RWA, and event contracts behind one account does not mean they should share one rulebook. A unified entry only works when each product keeps its own rights, risks, access rules, and settlement.
2026-08-20 · 5 min read
Market Insights
SEC's Regulation Crypto Assets: What the Proposal Actually Changes
The SEC's proposed Regulation Crypto Assets sets out how tokens can be sold without full registration and how an issuer might eventually exit securities treatment. It is a rule about issuance, not about where crypto trades — and it is a proposal, not law.
2026-08-19 · 5 min read
Research
Why Incumbent Platforms Can't Merge Crypto and Forex
Crypto and forex can sit behind one login without sharing the same operating model. The hard part is joining ledgers, risk controls, compliance, execution, and settlement without hiding the differences that can hurt traders.
2026-08-10 · 7 min read






