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Handfast

Papers

Handfast is a windowed binding market. A trade writes a Timed Hold. The Live Window waits on a Counter Fill. Unbind retires HAND as Closed HAND, or the Hold Rolls.

These pages are the map a Partner reads in order. Each page holds one idea.

  1. The parts — three motions and their limits.
  2. Holding and trading — how a sale writes a Hold.
  3. What it can and cannot do — the event table.
  4. The window in practice — two worked paths.
  5. Under the hood — why the rules hold.
  6. Watching it work — how to verify.
  7. What cannot change — from softest to hardest.
  8. The Window Share — one fee, worked.
  9. The Binding Note — the complete rules.