Two papers propose innovative market designs to improve efficiency and transparency in financial and energy markets. One paper models electricity market dynamics using a regime-switching model to simulate realistic price distributions and explore hedging strategies. The other paper introduces "Flow Trading," a novel market design that allows for portfolio trading, continuous-scaled limit orders, and frequent batch auctions, demonstrating its computational feasibility and addressing several weaknesses of existing systems. A third source suggests a forward energy market that aligns participant incentives with social welfare, enhancing competition and resilience and potentially replacing capacity markets. These papers collectively explore how market design can improve resour ...