The Captain's
Logbook

How and Why do Markets Form? What are Good Markets?

Are Firms Leaving Money on the Table with the IPO Pop?

The Responsibilities of Complete Ownership

Why AMMs Work (Surprisingly) Well On Certain Assets

How Different Consensus Mechanisms Shape Decentralized Systems

Does Index Investing Makes Markets and Economies More Efficient?

What Happens When Derivatives Are More Liquid Than Spot

Why Rising Asset Prices Isn't Necessarily a Bad Thing for Young People

Order Flow Externality, Order Exposure, HFT ,Reg-NMS & SIP, Optimal Tick Size, Auctions, Circuit Breakers, Margin Requirements, Order Competition