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Glossary

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Efficient Market Hypothesis (EMH)holds that current asset prices already reflect all available information, so exploitable pricing inefficiencies in the market are very limited.
Ultra-short-term tradingAn advanced strategy that repeatedly exploits small market movements, such as bid–ask spreads and liquidity gaps, through rapid position opening and closing.
Prediction MarketsAn application scenario involving trading or betting on the outcomes of future events, whose settlement rules may serve as an exploitation point for a design flaw attack.

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Definition

Efficient Market Hypothesis (EMH)

holds that current asset prices already reflect all available information, so exploitable pricing inefficiencies in the market are very limited.

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