100qs
Joined 8 years ago
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Jun 29
Joined 8 years ago
Is there an end to any field worth studying? I would argue the allure of studying such fields lies in the endless horizons. The possibilities of expanding human knowledge by pushing beyond what is known.
Could you elaborate on this statement? It is my understanding that the value market markers provide is liquidity and tighter spreads. Worst case, they pull orders when informed volume is detected, but then the book is no worse off than what it would be if the market makers weren't there.