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Yeah its not as simple as putting two limit orders and collecting your fee. Market makers take huge risks when there is a big market move. When Luna crashed for
by drexlspivey 4y ago
Yeah its not as simple as putting two limit orders and collecting your fee. Market makers take huge risks when there is a big market move. When Luna crashed for example Alameda provided exit liquidity to traders and was left holding the bag.
- anonymoushn 4y agoA lot of people have said this, but that day was easily the best day to be quoting. There was lots of volume on both sides all day, even as the price increment became very large compared to the price