This week’s episode of the Money Stuff podcast is out now, a guest episode in which I interview Jeremy Maletz, head of prediction markets at Susquehanna International Group. We discuss hedging goat herder risk, flow versus bespoke trading, event contract margining, election factor hedging, adverse selection, correlation in prediction markets, and transitioning from sports gambling to trillion-dollar data center credit derivatives. You can listen to this week’s episode here:

You can get Money Stuff: The Podcast at Apple, Spotify or wherever you get your podcasts. We’d love your feedback. You can email us at moneypod@bloomberg.net.