MMA · PMMT
Market Making Agent
watchFair value and liquidity
Surfaces fair-value, spread, inventory and adverse-selection state while preserving PMMT ownership of quoting logic.
Quote modeTwo-sided
Adverse selectionWatch
LifecycleSimulation
Owned signals
- Fair value
- Optimal spread
- Inventory
- Fill probability
- Adverse selection
Governing questions
- Are quotes being picked off?
- Is inventory inside limits?
- Should quote asymmetry change?
Current synthetic recommendations
Review recent adverse-selection rise
Do not infer live orders from telemetry