How venues, regulation, participants, and infrastructure interact to shape liquidity, behaviour, and outcomes in markets.
Market Structure
+4
Mar 17, 2026
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12 min read
How venue-centric workflow, not just venue regulation, became the real market structure problem.
Jan 15, 2026
Two tapes, two regimes, one messy truth.
Dec 28, 2025
4 min read
Why the ESAs’ CTPP designations turn vendor risk into front-office execution resilience.
Oct 15, 2024
7 min read
RFQ workflows feel bilateral. Regulators care about multilateral interaction. This is where the MTF line actually sits.