Yes and no. Thy'll almost certainly use their own market making operation (automated) but they'll be in competition with many other market making shops who plug into them. With your computer skills Duke, you could build an automated market making algo and join the fun...
Got it. My expertise lays in algo trading based on statistical research, I do not know MM business to build operation. I am sure I can learn, but not where I want to focus.
They are legit and cashed up with a big valuation. Their binance coin alone has a 40B valuation. . . Trading futures at crypto brokers is a better experience than CME/CBOE.
Would like to hear your arguments why trading at unregulated crypto broker better than trading at the largest and one of the most reputable derivative exchange.
this would be my guess as CME/CBOE is way behind the curve when it comes to crypto. Binance and bitmex likely trade 24/7 too.
they don't talk to the IRS 24/7 if it's anything like crypto spot trading, high vol so fast execution
Better leverage, longer trading hours, more selection of crypto products. Just pull up the product offerings and it will be obvious. Look at the volumes as well. Binance crushes CME.