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Information bleeds across venues, with insider trading on one exchange (Polymarket, where trader identities are not known even to the platform) leading to insider-like trading elsewhere, as CASBS fellow @rajivsethi.bsky.social elucidates in his latest - and always insightful - Substack post
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New post on information contagion across venues: open.substack.com/pub/rajivset...
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At around 6:50am ET on March 24, there was an unusually large spike in trading volume in oil and stock futures markets.
open.substack.com
Information Contagion
Rajiv Sethi
Center for Advanced Study in the Behavioral Sciences, Stanford