Market Making

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X @Crypto Rover
Crypto Rover· 2025-09-25 09:50
RT CLS GLOBAL (@CoinLiquidity)🦈 We know our Market Making is the best. That’s why we do what no one else dares:30 days of Market Making. Free.Projects → try us risk-free. Agents → earn from referrals.⚡ 50 slots only.👉 Apply now: https://t.co/QXjaeixeON ...
X @Ammalgam (δ, γ)
Ammalgam (δ, γ)· 2025-09-19 21:02
RT Ammalgam Intern (@ammalgam_intern)Being a DeFi LP today is basically volunteering as tribute.Deposit ➡️ earn tiny fees↖️ ↙️get wrecked by IL.Here’s how @ammalgam fixes market making. 🧵 https://t.co/qX1SRxQWLu ...
X @Unipcs (aka 'Bonk Guy') 🎒
Unipcs (aka 'Bonk Guy') 🎒· 2025-08-27 11:02
Market Analysis & Trading Signals - Wintermute is preparing for a Binance listing of $USELESS, indicated by significant MM capital deployment [1] - This preparation mirrors previous patterns observed before the Binance listings of $BONK, $WIF, and $POPCAT [1] - Pro desks, new wallets, and sharp traders are accumulating $USELESS, suggesting a pre-Binance listing strategy [2] Wintermute's Activity - Wintermute bought 434 million $USELESS tokens ($111 million) and sold 349 million ($89 million), resulting in a net increase of 84 million tokens ($21 million) [2] - Wintermute's activity indicates institutional-grade market making with over $11 million scale [2] - $USELESS is already Wintermute's most productive ticker [2] Multi-CEX Preparation - Wintermute has parked 306 million $USELESS tokens ($85 million) on Kraken [2] - Multiple deposits of over 10 million tokens have been made to Coinbase [2] - KuCoin received scoops of 99 million and 91 million tokens [2] - 147 million tokens are held steady on MEXC [2]
X @aixbt
aixbt· 2025-07-30 21:38
capital flowing out of basic yield farms into prediction market infrastructure• polymarket processing $1.3b monthly after cftc license• terminal fi combining stable yields with price discovery• regulated prediction markets integrating with defi infrastructurenext phase isn't about yields - it's about sophisticated market making mechanisms controlling price discovery ...
Highland Copper Engages Velocity Trade Capital for Market Making Services
Globenewswire· 2025-06-20 21:00
Group 1 - Highland Copper Company has engaged Velocity Trade Capital Ltd. to provide market making services to improve liquidity and reduce trading volatility of its shares [1][2] - The monthly fee for these market liquidity services is set at $6,000, with a termination clause allowing either party to end the contract with 30 days' notice after 60 days [2] - Velocity Trade is a registered independent investment dealer in Canada and is regulated by multiple international authorities, ensuring compliance and credibility [3][4] Group 2 - Highland Copper Company focuses on exploring and developing copper projects in Michigan, owning the Copperwood deposit and a 34% stake in the White Pine North project [5] - The company has 736,363,619 common shares issued and outstanding, listed on the TSX Venture Exchange under the symbol "HI" and on the OTCQB under "HDRSF" [5]
Aduro Clean Technologies Engages Generation IACP to Provide Market Making Services
Globenewswire· 2025-05-13 11:00
Core Viewpoint - Aduro Clean Technologies Inc. has entered into a market-making agreement with Generation IACP Inc. to enhance the liquidity of its shares on the Canadian Securities Exchange [1][2]. Group 1: Agreement Details - The agreement with Generation IACP is effective from May 12, 2025, and is set for an initial term of six months, automatically renewing for successive six-month periods unless terminated with 30 days' notice [2]. - Generation will receive a monthly fee of US$8,000 during the initial term, increasing to US$9,000 for the first renewal term, and thereafter will increase by 3% annually on each anniversary of the agreement [3]. - Generation is independent of Aduro and does not currently own any securities of the company, although it may acquire interests in the future [4]. Group 2: Company Background - Aduro Clean Technologies specializes in patented water-based technologies aimed at recycling waste plastics, converting heavy crude into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [6]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, which is designed to convert low-value feedstocks into valuable resources for the 21st century [6]. Group 3: Market Context - The CFO of Aduro noted an increasing interest from both institutional and retail investors, indicating a positive market sentiment towards the company's growth story [5].
Intrepid Metals Engages Independent Trading Group as Market Maker
Newsfile· 2025-05-09 21:30
Core Viewpoint - Intrepid Metals Corp. has engaged Independent Trading Group (ITG) for market-making services to enhance liquidity and maintain a reasonable market for its shares, subject to regulatory approval [1][2]. Group 1: Market Making Agreement - ITG will receive a monthly compensation of CAD$7,500, paid in advance, under a one-month renewable agreement [2]. - The agreement can be terminated by either party with a 30-day notice, and there are no performance factors or equity compensation involved [2]. - ITG and Intrepid are unrelated entities, with no current interest in each other's securities [2]. Group 2: Company Overview - Intrepid Metals Corp. focuses on exploring high-grade essential metals such as copper, silver, and zinc in southeastern Arizona, USA [4]. - The company has several drill-ready projects, including the Corral Copper Project and the Tombstone South Project, which have significant historical drill results [4]. - Intrepid is traded on the TSX Venture Exchange under the symbol "INTR" and on the OTCQB under "IMTCF" [4]. Group 3: Independent Trading Group Overview - Independent Trading Group (ITG) is a Toronto-based dealer-member specializing in market making, liquidity provision, and algorithmic trading solutions [3]. - Established in 1992, ITG utilizes proprietary technology to deliver high-quality liquidity and execution services [3].
Virtu Financial(VIRT) - 2025 Q1 - Earnings Call Transcript
2025-04-23 14:48
Financial Data and Key Metrics Changes - For Q1 2025, the company reported a normalized adjusted EPS of $1.30 and total adjusted net trading income per day of $8.3 million, with quarterly EBITDA at $320 million and an EBITDA margin of 64% [9][38]. - The adjusted net trading income totaled $497 million, with market making adjusted net trading income at $382 million and execution services adjusted net income at $115 million [38]. Business Line Data and Key Metrics Changes - The market making segment had its best quarter since Q1 2021, with strong performance in non-customer global equities, digital assets, and ETN block market making franchises [10][11]. - The execution services segment (VES) has shown consistent growth, achieving its seventh consecutive quarter of increasing net trading income [13][14]. Market Data and Key Metrics Changes - Retail participation in the market has been robust, with levels comparable to the pandemic days of 2020, indicating a long-term bullish outlook for retail engagement [24][26]. - The company noted a significant increase in retail account openings, suggesting sustained retail participation [84]. Company Strategy and Development Direction - The company is focused on diversifying its market making operations and expanding its execution services, with a goal of achieving a $2 million per day run rate for VES in the medium term [19][66]. - Strategic initiatives include enhancing technology platforms, expanding product offerings, and improving operational efficiencies across various business segments [17][27]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the sustainability of retail engagement and the overall market environment, citing strong operational performance during recent market volatility [21][84]. - The company anticipates continued growth driven by market volumes and volatility, as well as the expansion of its options, digital asset, and ETF block businesses [26][27]. Other Important Information - The company has repurchased over 52 million shares at an average price of $25.85 per share, demonstrating a commitment to returning capital to shareholders [41]. - The company has streamlined operations and improved technology platforms, resulting in higher EBITDA margins for its businesses [18]. Q&A Session Summary Question: Can you help us think about the balance between the wholesale business and beyond exchange business? - Management indicated that the increase in market making NTI was evenly allocated between customer and non-customer businesses, with strong performance across various segments [46][48]. Question: What gives you confidence in the $2 million per day target for the VES business? - Confidence stems from significant improvements in technology, product offerings, and successful cross-selling initiatives within the execution services segment [66][71]. Question: Is there any indication that retail participation is slowing? - Management noted that retail engagement remains healthy and sustainable, with account openings continuing to grow, contradicting any narrative of a slowdown [82][84]. Question: Can you provide more details on the growth of the core non-customer market making business? - The company is focused on enhancing technology, improving execution quality, and diversifying revenue streams, indicating that the non-customer market making business is vibrant and growing [92][95]. Question: What is the product roadmap for the crypto business? - The company is expanding its crypto offerings, providing liquidity for a growing number of coins and exchanges, and is positioned to support institutional demand for digital asset products [100][108]. Question: How does your offering stack up against competitors in the outsourced trading business? - Management highlighted that their offering is more of an agency aggregation tool for smaller firms, contrasting with competitors' more focused white-label solutions, which do not scale as effectively [112][116].