Every market-making model you can name was designed for a book that is reliably there. Avellaneda-Stoikov (2008) included. Place it…
Illiquid Market Making: When the Feature Pipeline, Not the Model, Determines Whether You Survive
Ariel Silahian
Every market-making model you can name was designed for a book that is reliably there. Avellaneda-Stoikov (2008) included. Place it…