Quantitative Trading Strategies - How I went from 10k to 100k to 1M (part 5: hft mm)

Hi folks, in the last post, we talked about managing an fx basket:

Quantitative Trading Strategies - How I went from 10k to 100k to 1M (part 4: managing an FX basket)

The last of the Quantitative Trading Strategy series pertains to hft mm. Of course, for obvious reasons - I am unwilling to share in detail the specifics. However, I do want to share a piece of market microstructural analyses between binance and polymarket crypto markets I did.

This article is abit of a special format - instead of written form, this is simply a snippet from Lecture 7 of my (yet to be released) hft lectures I have on the topic. Then some food for thought and tricks.

The specific figures there are no longer applicable due to the changing dynamics of the markets involved, but the techniques therein are applicable no matter and to orthogonal markets…