3 ms·
>funding an automatic inventory-based [St] market-maker, which always offers to buy or sell at prices determined solely by its current inventory, one gives away
by hamilyon2 8y ago
>funding an automatic inventory-based [St] market-maker, which always offers to buy or sell at prices determined solely by its current inventory, one gives away money only to those who move the market price in the direction of its final verdict.
Interesting idea. So, by pumping money to such market, one could establish current consensus without having to ask anyone and if current consensus is on the wrong side, you just get some money as consolatory prize.