122: Doug Cifu – Virtu: Hitting Singles All Day Long—On a Global Scale
Chat With Traders
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How to Be a Market Maker Without Taking Directional Trades
The role and function of the market maker has evolved to more of, I would argue, kind of what we are. We're a financial intermediary that's using technology to hopefully process as many transactions as you can. And at the end of the day, have more winners than losers. The most important thing also, because we win 51% of the time, doesn't mean we're losing 49%.
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