Wintermute: 'Avoid These Trading Mistakes!' Secrets of a Market Maker

Market makers help create more efficient markets and liquid order books, by positioning themselves on the receiving end of a trade that other market participants are unwilling to fill. Quantitative analysis is crucial in determining their position and size. Wintermute defines itself as a tech-first company that also became one of the largest spot market making firms in Web3. From angel investing in Web2, to market making in Web3, Yoann Turpin (co-founder of Wintermute) has a vast experience in both tech products & financial markets. He shares what differentiates good traders and how he approaches investing, trading and market making.

Topics:

• Yoann’s background and his interest in trading
• The ever-changing trading landscape
• Wintermute’s genesis
• Trading vs. Investing vs. Market Making
• What defines a good trader
• On-chain trading vs. CEX trading
• How Wintermute succeeded
• Wintermute culture
• rsync blockbuilder
• Longterm predictions
• AI impact
• Misc. Learning new languages

Links:

• Wintermute on Twitter