Wintermute: Will Provide Liquidity for Prediction Markets
According to Odaily, Wintermute announced that it is expanding its institutional trading business into prediction markets. Wintermute will provide two-way market liquidity for event contracts on major venues to tighten spreads, support larger volumes, and improve the reliability of implied market probabilities.
Jake Ostrovskis, head of OTC trading at Wintermute, stated that prediction markets possess the data characteristics of major asset classes, but liquidity is still in the early stages. Sustained two-way liquidity not only helps tighten spreads, but also supports larger trading volumes, thereby improving the informational signals contained in market prices. (cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI Selloff Sends Berkshire to Its Biggest S&P 500 Lead Since 2010: Can It Last?
Meridian weighs $400 million investment decision for Cabaçal mine
Saudi Arabia's oil production in October surged by 26%, reaching the highest level since the onset of the conflict, while Brent crude has dropped over 20% this month
OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.
Scorpio hits gold beyond Nevada resource
Crypto prices
More
