Liquidity

Risk-aware Quoting

Use liquidity and risk controls together so quoting remains useful during active or volatile markets.
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Market making is not only about placing orders. In production trading environments, quoting must respond to volatility, position exposure, hedging conditions, and operational limits.

Risk-aware liquidity goals

  • Keep markets tradable without creating uncontrolled exposure.
  • Adjust quoting behavior when volatility, depth, or hedge conditions change.
  • Coordinate liquidity operations with margin, liquidation, and account risk rules.
  • Support partner growth without requiring a large internal market making team.

Areas to align before launch

AreaDecision
Supported marketsWhich symbols and settlement assets should launch first.
User profileRetail, institutional, channel, or mixed user flow.
MonitoringWhich depth, spread, fill, and risk indicators should be reviewed daily.
EscalationWho handles abnormal volatility, delayed settlement, or user-impacting incidents.
Risk & Liquidations

Review platform risk behavior around margin and liquidation.

Incident Response

Prepare the operational response path.