Hacker News with Generative AI: Market Structure

Deregulated energy markets accelerate solar adoption (seanobannon.substack.com)
Solar power has become the cheapest source of new electricity generation in many parts of the U.S., but adoption depends heavily on market structure. Deregulated markets, where entrepreneurs and independent power producers can directly pursue profitable opportunities, have rapidly embraced solar, while regulated utilities remain slow to change due to legacy investments and bureaucratic oversight. To accelerate the shift to renewables and a cost competitive future, the U.S. should pursue greater deregulation, enabling private capital to build a cleaner, larger-capacity grid.
Market Structure Primer (2019) (prooftrading.com)
The purpose of this document is to provide an overview of the US equity trading landscape. It started as an onboarding document to help new hires who aren't as well versed in market structure. It can be read start to finish in order, or you can jump around. The visual Life Cycle of an Order also provides a handy view of the various events and entities involved in the process of a trade - from conception to completion.
The Problem of HFT (haimbodek.com)
"Modern HFT wasn't a paradigm shift because its innovations brought new efficiencies into the marketplace. HFT was a paradigm shift because its innovations proved that anti-competitive barriers to entry could be erected in the market structure itself to preference one class of market participant above all others."