The evolution of markets from physical trading floors to interconnected, electronic venues has introduced new speed, transparency, and efficiency, but has also created new attack surfaces and systemic risks. Modern markets, which host trading for everything from equities and bonds to energy and cloud computing resources, can be manipulated in ways unanticipated by their designers.
The IMR program aims to develop repair methods to protect essential economic sectors against attacks that exploit the public interfaces of modern markets. It focuses on developing the tools to automatically model market designs, identify hidden weaknesses, and recommend and analyze repairs on the market models to make markets fundamentally more resilient to attack.
IMR aims to combine large language model-based automation with rigorous modeling and analysis to identify remediations for market weaknesses. This approach is intended to provide a capability to protect U.S. markets against adversaries who wish to cause chaos, ensuring the stability of both civilian and military critical resources that rely on modern market mechanisms.