TechFlow News, May 29: According to The Block, London-based algorithmic trading firm Wintermute announced its official entry into the prediction markets sector, beginning to provide two-sided liquidity quotes across several leading prediction market platforms—collectively generating over $2 billion in monthly trading volume. Jake Ostrovskis, Head of OTC Trading at Wintermute, stated that for prediction markets to serve as reliable real-time probability estimators, they require sustained two-sided liquidity to narrow bid-ask spreads and support large-volume trades.
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