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Keeping it Simple on the Road | Ep.8: Market-Making is Making Markets

Keeping it Simple with Simplify Asset Management

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Introduction

Noel Smith: The odds of you finding somebody on exactly the other side of that trade is pretty much slim and none, which is where the market maker comes in. You're not actually pricing to a black shoals model, you're pricing to what's called a local wall model,. That's how it's so fast and usually priced fairly around a spread. So there's human beings that have piles of money and these piles of money wax and win with the profitability of their trades.

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