SEEDSTREAM SCIENCE RELEASE

SSR-2026-007

SEALED
VERSION 1

QUESTION

Market Participation and State Concentration

POPULATION

US Securities

OBSERVATION UNIT

market-minute

PERIOD

2026-01-02 — 2026-09-18

MEASUREMENT

Relationship between lawful participation coverage and aggregate state concentration.

DENOMINATOR / N

NON-PUBLIC-TEST

RESULT

Fixture release architecture only; no scientific number is asserted.

HISTORICAL_DESCRIPTIVE

LIMITATIONS

Offline architecture fixture; publishable results require sealed source-bound evidence.

SeedStream Science fixture authority R1

PUBLICATION STATE

SEALED

PUBLISHED AT

2026-09-18