I was joined by FI Boycie who currently works as a market maker. He is a former equities trader professionally and has been on Football Index since Jan 2020. He did this awesome webinar on market makers a couple weeks ago for the FIG patreon members! https://www.youtube.com/watch?v=T_lenunSok8&t=1300s&ab_channel=FootballIndexGuide
Join my Patreon! For as little as £3 a month, get access to amazing premium content and bonus content: https://www.patreon.com/FIGuide
Discussed on today's show:
- What market makers are and how they work?
- What he would do if FI asked him to be a market maker
- Why MMs are necessary in a market
- IPDs being removed
- Bad comms
- What will they be replaced by?
- Value being added to rest of market to make it tradeable
- How many Market makers are needed?
11' - What market makers do and what he would do on FI as an MM
26' - Why MMs are needed
29' - IPDs being removed
51' - How many MMs are necessary?
1.00' - MMs impact on price
1.09' - Maturity of FI
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Music by Nkato, and Joakim KarudSupport FigCast