🌍 Guarantees of Origin — Building a Market Maker

In this episode of Soldera Markets, Stenver, Al and Ollie from Soldera chat with Koen Andriessen and Chris Myers from Faraday Trading, about what it takes to build a Market Making (MM) operation in the current Guarantee of Origin (GO) market.

This episode delves into:

→ How Faraday transitioned from financial derivatives to GO market making 📊 → Their passive approach: waiting for counterparties rather than chasing trades→ Why they focus on AIB grid-connected certificates for sharper pricing→ How constant trading volume creates effective risk management→ How Faraday views the market: learn about the MM approach to risk and strategy.

Faraday’s Origin Story:

→ Three co-founders with extensive careers in financial market making → Started January 2024 as their first entrepreneurial venture together → Saw GO market as less developed compared to efficient financial markets → Drew parallels to financial products that became liquid over time → Brought MM expertise to a space dominated by back-to-back trading

Soldera Auctions:

→ Learn how Faraday and Soldera work well together → Explore how market makers access quality GO supply efficiently → Understand how streamlined sourcing strengthens MM liquidity provision

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