Intelligence · Research
How we think about markets.
Research here is method, not market calls. How correlation is measured, why session matters, what execution quality actually means, and where each approach stops working.
Notes
Published research
- 14 April 20262 min readPlaceholdermethodriskcross-asset
Measuring correlation honestly
What a correlation number does and does not tell you about a book, and why the window matters more than the coefficient.
- 22 March 20262 min readPlaceholdermethodexecutionliquidity
What execution quality actually means
Fill rate, slippage and latency measure different things. Optimising one of them usually degrades another.
- 8 February 20261 min readPlaceholdermethodmarket-structurerisk
Why the session matters more than the hour
Instruments do not behave uniformly through the day. Treating the session as data rather than decoration changes how limits should be set.
- What it is
- Written notes on the methods behind the intelligence layer, and on market structure generally.
- Who it is for
- Traders, risk managers and engineers who want to understand the reasoning rather than accept an output.
- Why it matters
- A method you cannot inspect is a method you cannot rely on.
- How it connects
- Where a note describes a method used in the platform, it says which surface uses it.
- What happens next
- Read the notes, then challenge them. Corrections are welcome.
Disagree with us
If a method note is wrong, we would rather hear it from you than publish it for another year.