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Rosenblatt's Market Structure News Digest

Rosenblatt's Market Structure News Digest
  • Traditional exchanges seek to launch an array of non-traditional products to fend off competition from “prediction” markets and “perpetual futures.”
  • Euronext appoints a Dutch insurance executive to succeed longtime CEO Stéphane Boujnah
  • What Democrats’ historic victories in Tuesday’s midterms mean for oversight of trading markets and crypto
  • A group of traditional market participants sues the CFTC to stop “perpetual futures” on individual stocks from launching
  • Despite an array of friend-of-the-court brief siding with states over the CFTC, the Supreme Court has yet to take up the matter of who should regulate “prediction” markets
  • Amid considerable legal uncertainty, intermediaries flock to event-betting platforms, both as a hedge for their core businesses and to pursue eye-popping profit margins compared with cash equities
  • Crypto’s rough year gets even rougher, with the biggest heist in history and a darkening political landscape
  • Listed companies overwhelmingly block tokenization of their shares under a new SEC regulatory exemption
  • Wall Street’s AI arms race becomes as much about managing the underlying infrastructure as developing the best models

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