Market Making
Where the spread comes from, how adverse selection kills you, how to manage inventory, and how to find a venue worth quoting on. With Avellaneda-Stoikov and batch auctions.
Subscription access.
Outline
- Step 1
- Step 2
- Step 3
- Step 4
- Step 5
- Step 6
- Step 7
- Step 8
- Step 9
- Step 10
- Step 11
- Step 12
- Step 13