Topic cluster

#Market Microstructure

System-level analysis and comparisons within this domain.

2 entries in this cluster

Where Money Flows, Truth Follows: Why Volume and Liquidity Often Know Before the News

Markets do not wait for headlines. They react to capital, liquidity, and information flow long before journalists publish the story.

→ open analysis

Why Polymarket Moves Before the News: The Physics of Information Arbitrage

Why prediction markets often react before headlines appear—and what that reveals about incentives, latency, and the future of information discovery.

→ open analysis