Bitcoin

BitMEX’s Acting CEO and Group CFO, Stephan Lutz, suggests that crypto exchanges making profits from proprietary trading should no longer rely on internal market making teams. Lutz believes that such teams have become unnecessary due to the industry’s growth and maturity.Lutz mentioned that with the presence of numerous High Frequency Traders (HFTs) and proprietary trading firms, there are enough liquidity providers available to fill market gaps when there is a shortage of buyers or sellers. He emphasized that crypto exchanges no longer need to rely on internal market making teams for this function. <a href="https://cryptosheadlines.com/bitmex-ceo-calls-for-phasing-out-internal-market-makers-at-crypto-exchanges/" rel="noopener noreferrer nofollow">Read More...</a>Follow Cryptos Headlines on <a href="https://news.google.com/publications/CAAqBwgKMLz3-wowvuzoAg" rel="noopener noreferrer nofollow">Google News</a>Join Cryptos Headlines <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">Community</a>

BitMEX CEO Calls for Phasing Out Internal Market Makers at Crypto Exchanges

CryptosHeadlines.com

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