We present a fully self-consistent topological field theory of high-frequency market microstructure, integrating momentum-space kinetic theory with non-Hermitian dynamics and hardware-level scalar projection. The framework rigorously derives macroscopic dynamics from microscopic order book interactions, closes all previous axiomatic gaps, and establishes a mathematically bulletproof mapping from market microstructure to a Fisher information manifold.
Chao Ma (Sun,) studied this question.