Understand the systems behind the market.
Market Mechanics is an independent publication for people who build, research and use financial markets. We connect developments in markets, AI, computer science and maths to the mechanisms underneath.
Start with the source.
Briefs link to the original material and show its publication date. Company announcements, practitioner interviews, preprints and our own interpretation are labelled separately.
Make the mechanism visible.
Explainers turn a question into a worked example. Labs let you change an input and inspect the result. Synthetic examples state their assumptions.
Keep a record of changes.
Each article has an update history and a correction form. Reports are recorded privately for editorial review; a report does not alter the article automatically.
Publish when there is something to say.
This first edition offers selected reading with the original source dates. It is not a live news feed. The weekly email is in preparation.