As institutional only angle atm is to develop execution strategies for the buy-side. Nobody will bother with AML/compliance for market making peanuts for a while.

I'm not sure about your math guys, but in my view if you execute a daily net average of +10bps for 253 trading days a year...

For infrastructure I mean tech solutions may be implemented for this purpose. For sure scanner>API>bot is one of those.

So should we start discussing about scanners (fee structures, order book depth, time lag, restrictions of data providers, computation time)?

Again, please anyone with experience in the field?

 

Hi guys,


It's a BEGINNER speaking here.

Very few words about myself, I spent the last 5y trading fixed income for a BB algo desk in London (currently in the same position). I'm recently approaching the crypto currencies world on my own. What's really attractive to me is to see traded volumes increasing but liquidity non really improving (i.e. lack of institutional approach in market making the currencies and in running the exchanges).

That said, long story short, I went through weeks of research and data analysis, including all major exchanges and crypto currencies. I'm convinced there are solid arbitrage opportunities on the market may be executed (happy to further discuss this point). However, I learnt that the INFRASTRUCTURE lies between algo and p&l is 100% of the game. Now... I have a few ideas for simple structures, including potential barriers, but let me leave the board white for the moment.

For those interested, this should begin as a very conceptual exercise, discussing all together the potential profit of those arbitrages and your trading experience if any. I'm interested in the technical development of the infrastructure more than anything else. I keep this very high level on purpose.

What do you think? Anyone has experience?    

Many thanks