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RISK & RESEARCH
Market-implied probabilities with provenance and methodology attached, for research that has to stand up to review.
A probability without a source, an as-of time, or a stated methodology isn't defensible in a risk memo — and cross-venue comparisons that quietly assume equivalence can be flat-out wrong.
The full write-up of what PH Composite means, the semantic verification states, and the corrections policy lives on our methodology page.
Request institutional access to see the workstation and methodology together.