Our research program

What we publish

Research grounded in what the data plane actually shows — not headline quotes.

• Cross-venue semantic verification notes — where contracts genuinely mean the same thing across venues, and where they don't.
• Event-risk research grounded in executable liquidity at size, not top-of-book price alone.
• Methodology notes whenever we change how a number is computed.

Our standard

Every piece we publish states its methodology, its sample window, and the rights under which its source data is used. A finding is never presented past what the underlying data actually supports — the same capacity-honesty rule that governs the workstation itself applies to research. Corrections are versioned and disclosed, never silently applied to something already published.

Where we are

This research program is in progress. We're not publishing placeholder reports to fill this page — the first pieces will appear here once they meet the standard above. In the meantime, our methodology page explains exactly how the underlying numbers are computed.