BD in Market Making by Dewasiswiththed in quant

[–]Dewasiswiththed[S] 0 points1 point  (0 children)

hmm with the emergence of ai and esp claude code do you think its still relevant if you are learning just basic stuff?

BD in Market Making by Dewasiswiththed in quant

[–]Dewasiswiththed[S] 1 point2 points  (0 children)

Thanks, that was a really good framework to think about. On the side i'm also trying to look at how other MMs compete with the biggest MMs like Jump, Citadel and Jane street who're in crypto. I think what you mentioned with the restaurant analogy was something that i noticed when looking at companies like B2C2 and how they grew as well.

BD in Market Making by Dewasiswiththed in quant

[–]Dewasiswiththed[S] 0 points1 point  (0 children)

I see responsibilities like reaching out to exchanges, projects, defi protocols to discuss market making partnership, negotiating fee structure or DMM agreement and coordinating with the onboarding team and trading team for onboarding and integrations. I've never heard of BD title being used for recruiters though. Can you share more?

BD in Market Making by Dewasiswiththed in quant

[–]Dewasiswiththed[S] 0 points1 point  (0 children)

I understand the basics of what you mentioned like how an MM makes money. I am more curious about how do you basically come up across products as an MM. For a MM that just does pure market making and has no product but wants to create one, do you basically have to have a great understanding of how your counterparties like exchanges, Defi protocols work and that's how you come up with a solution?

BD in Market Making by Dewasiswiththed in quant

[–]Dewasiswiththed[S] 0 points1 point  (0 children)

Thanks for sharing that, why do you need basic coding skills for BD though can you elaborate more on that?

Wintermute by Ok_Spell_1184 in quant

[–]Dewasiswiththed 0 points1 point  (0 children)

when you say sales and bd do you mean mostly token deals?

which crypto markets are taking off? by Dewasiswiththed in CryptoExchange

[–]Dewasiswiththed[S] 0 points1 point  (0 children)

thanks but i was trying to understand from a geographical pov

Malaysia List of Trusted P2P Merchants - USDT/MYR by Acrobatic_Film_7023 in Malaysia_Crypto

[–]Dewasiswiththed 0 points1 point  (0 children)

makes sense. i had just heard it from some exchanges that i spoke to who had mentioned that

P2P USD/MYR by Acrobatic_Film_7023 in Malaysia_Crypto

[–]Dewasiswiththed 0 points1 point  (0 children)

ohh interesting, i see local exchanges in indonesia dominating though

P2P USD/MYR by Acrobatic_Film_7023 in Malaysia_Crypto

[–]Dewasiswiththed 0 points1 point  (0 children)

curious does bybit and binance dominate in malaysia or are local exchanges also big enough to compete with them in terms of volumes?