Markets are fundamental to economic systems, serving as physical or virtual spaces where buyers and sellers exchange goods and services. While economists generally celebrate the efficiency of markets, ...

Explore the dynamics of negotiated markets, where securities prices are settled through direct negotiation between buyers and sellers.

Prediction markets function like stock markets for questions, where prices reflect the crowd’s odds on real-world events. Platforms like Polymarket and Kalshi enable users to trade on crypto, politics ...

Liquidity is a crucial aspect of any financial market, ensuring smooth trading and efficient price discovery. In the world of finance, two key players that contribute to liquidity are liquidity ...

Crypto derivatives often look like a simple reflection of price. They are not. Beneath the surface, a quieter mechanism does ...