Market makers in the crypto industry: party planners or bartenders?

In essence, crypto market makers are the ultimate party planners, but instead of balloons, cake and a banging Spotify playlist, they use leverage algorithms and order books. Head of Commercial Strategy at a large crypto market maker, Stef Wynendaele, suggested that “It's a great definition, but it implies too much power to what a market maker does.”

Wynendaele suggested that market makers are the foundations of a thriving crypto economy and that they’re not in fact “the bartender who controls who drinks or not.”For Patrick Heusser, Chief Commercial Officer at Crypto Finance, the bartender analogy works well. However, “Someone has to do the logistics,” he explained. “Someone has to make sure there is enough beer in the back and stuff for the drinks–and market infrastructure is super important for market makers.

So if the crypto economy was a party, the market makers could be the dance floor, the music, and the logistics. For traditional finance, Chaumont explained, it’s mostly “proprietary trading firms operating off their balance sheet, trying to generate profit and loss”. Whereas in crypto, there is a more technological approach because the assets are infinitely harder to price.

This is a very good question.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Some buyers find deals in shifting Southern California housing marketFalling mortgage rates and home prices bring some buyers back into the Southern California market just in time for spring. 🤣🤣🤣🤣. Okay. 👍🏼 Great opportunity Because Californians are moving to the east coast. NC, SC, GA,
Fonte: latimes - 🏆 11. / 82 Consulte Mais informação »

EVs Accounted For 5.6% Of U.S. Market Last Year, Tesla Continues To Dominate | CarscoopsTesla's share of the electric vehicle market in the U.S. fell from 71% in 2021 to 64% in 2022 - but sales were up 41%
Fonte: Carscoop - 🏆 306. / 63 Consulte Mais informação »

Navy Pier celebrates Black History Month with Black Makers MarketNavy Pier is honored to celebrate in Black History Month with a new Black Makers Market, live art studio and staff highlights.
Fonte: ABC7Chicago - 🏆 284. / 63 Consulte Mais informação »

Gold Price Forecast: XAU/USD skids below $1,840 as geopolitical tensions dampen market moodGold price (XAU/USD) has slipped to near $1,837.90 after delivering a downside break of the consolidation formed in a narrow range of around $1,844.00
Fonte: FXStreetNews - 🏆 14. / 72 Consulte Mais informação »

Asian Stock market: Revives mildly despite geopolitical tensions, PBoC keeps LPR unchangedMarkets in the Asian domain have revived mildly after facing severe heat on Monday. S&P500 futures have recovered firmly after displaying significant
Fonte: FXStreetNews - 🏆 14. / 72 Consulte Mais informação »

California job market: Is a cold front coming in?Evidence is mounting that changes in the California job market may be catching up with years of unfettered success and job growth. It is a very mixed situation. All the unfettered are packing up and moving out to more tax same states.
Fonte: KTVU - 🏆 465. / 53 Consulte Mais informação »