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Main => General Discussion => Topic started by: toast on December 30, 2014, 10:13:10 pm

Title: New market-making initiative - looking for volunteers with capital
Post by: toast on December 30, 2014, 10:13:10 pm: I have finished a simple market-maker for two external exchanges. Once it is polished, adding more exchanges will be easy.

I am looking for anybody who:

1) Has at least ~$20k to put in a MM bot
2) Is willing to accept standard market-maker risks (exposure to wrong asset at the wrong time for any given pair)
3) Is willing to accept "immature code" risk.
4) Has basic IT skills (launch a VPS, generate api keys) - YOU will be running the bot and taking full responsibility for it.

Please PM me.

Riverhead is already helping with IT support, if you are missing #4 but trust him that may be an option as well.

Advantages of being an early market maker is that you will get any the same trading fee discounts as I have managed to negotiate (one deal so far), and you won't have much competition.

I will open-source more and more of the code over time as competition heats up and this isn't such easy money.
Title: Re: New market-making initiative - looking for volunteers with capital
Post by: fluxer555 on December 30, 2014, 10:37:52 pm: I want to clarify, this "easy money" will be going to the market maker?
Title: Re: New market-making initiative - looking for volunteers with capital
Post by: toast on December 30, 2014, 10:44:42 pm: Quote from: fluxer555 on December 30, 2014, 10:37:52 pm
I want to clarify, this "easy money" will be going to the market maker?

Yes
Title: Re: New market-making initiative - looking for volunteers with capital
Post by: bitmarket on December 30, 2014, 10:58:47 pm: I am in. Sign me up. I need Riverhead though
Title: Re: New market-making initiative - looking for volunteers with capital
Post by: Gentso1 on December 30, 2014, 11:08:08 pm: gotta ask, if it is such easy money then why are you offering it up for free and with a buy in limit of 20k?