Ich stimme zu, dass es bei vielen schlechten Handelsergebnissen nicht wirklich um Volatilität, sondern um Informationen geht. Wenn Liquiditätsanbieter meist gegen Leute handeln, die bereits wissen, dass der Preis falsch ist, werden die Kosten letztendlich von allen anderen getragen.
Ab wann sind „bessere Informationen“ nicht mehr gesund und höhlen den Markt aus?
https://www.sandmark.com/news/features/toxic-flow-hidden-cost-providing-liquidity?utm_medium=referral&utm_source=redbot&utm_campaign=redbot-ww-en-brand
Ein Kommentar
tldr; The article discusses the challenges faced by liquidity providers (LPs) in financial and crypto markets due to ‚toxic flow,‘ where informed traders exploit price asymmetries to their advantage. This dynamic leads to losses for LPs, wider spreads, and reduced market liquidity. In crypto, automated market makers (AMMs) are particularly vulnerable as their pricing is deterministic, making them easy targets for arbitrage. The article explores potential solutions, such as dynamic fees and delayed settlement, to mitigate the impact of toxic flow and maintain market stability.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.