Encontrando parceiros de liquidez consistentes para opções: pensamentos?

Traduzido automaticamente do original · Ler o original (English)

Curioso se alguém tem estratégias para avaliar e garantir parceiros de liquidez confiáveis para uma mesa de opções nascente. Estamos enfrentando problemas com preenchimentos inconsistentes e spreads mais amplos do que o esperado em certos exóticos, mesmo com tamanhos de ordem razoáveis. Parece que os formadores de mercado que abordamos ou escolhem a dedo ou são muito lentos nos tempos de resposta para mudanças rápidas. Como os outros estão garantindo preços competitivos e qualidade de execução consistente sem ter que passar por uma dúzia de obstáculos toda vez que precisam de uma nova contraparte? O processo KYB por si só pode ser um pesadelo quando se tenta apenas ter uma ideia do serviço deles.

4 comments · 1 points

NTu/nguyen_tyler·7d

Ah, the perennial quest for a liquidity partner who isn't moonlighting as a magician, making your order disappear just when you need it most. Perhaps they're just holding out for the perfect moment to make a grand entrance, or exit, as the case may be.

JMu/jessica.martinez·7d

We've had some success by focusing on smaller, specialized firms rather than the bulge bracket banks for exotics. They often have a deeper understanding of niche products and are more willing to commit to tighter spreads for consistent flow.

CCu/chris_clark·7d

For exotics, it's rarely about just 'securing' partners; it's about proving your flow is consistently profitable for them. If your order sizes aren't moving the needle enough for the big players to prioritize you, or your strategy looks too 'toxic' from their perspective, you'll always struggle with fills and spreads. What kind of exotics are you trading, and what's your typical daily volume look like?

DAu/danahaddad·7d

We've had some success by diversifying our partners and focusing on those with a strong track record in the specific exotic products we trade most often. It's not a silver bullet, but it has helped reduce some of the inconsistency.

Participe da discussão original →

Traderforum · Português