Definition ∞ Market structuring is the design and organization of financial markets, including rules for trading, clearing, and settlement. This involves determining the types of participants, trading venues, and mechanisms for price discovery and transaction execution. Effective market structuring aims to promote efficiency, fairness, and stability.
Context ∞ Market structuring in the digital asset sector is a rapidly evolving area, with ongoing debates about the optimal design for crypto exchanges and trading protocols. Regulators are actively considering how to adapt traditional market structuring principles to the unique characteristics of blockchain technology. The development of clearer rules for order execution, liquidity provision, and data reporting remains a key focus.