GREED Labs ✈️ TOKEN2049 Singapore

Market Making & HFT Company. Trusted strategic liquidity provider on financial and crypto market

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

Meet GREED Labs at @token2049 in Singapore!

We are an HFT and market making company.

Planning a token launch or an RWA project?
Let's catch up!

DM us here or message on Telegram: @greedlabs

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

Two figures reflect this work and can be requested in a report: quote uptime inside the agreed spread band with the size quoted, and inventory against its limits over time.

The share of cancelled orders says little without a baseline, as it is typically high for any market maker.

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

A fill is the visible event in market making, but most of the work happens between fills.

The engine holds a reference price, a target inventory and a set of limits, and typically recalculates quotes on its own fill, a price move, a hedge fill, volatility or a stale feed.

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

Only changes large enough to matter are sent, as a cancel and replace or an amend.

Exchanges limit API request rates, and in a price-time book a cancelled order loses its place in the queue, so the engine does not refresh on every tick

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

NASDAQ alsot got it's ATH today

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

Today S&P 500 hit new all-time high of 7,835, surpassing $71 trillion market cap for the first time ever.

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

A CAM could also register as an FCM or clearing organization, or affiliate with one, which suits the integrated structure typical of crypto exchanges.

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

The CFTC issued an advance notice of proposed rulemaking for a federal regime that applies to retail crypto transactions.

It is the step before a proposed rule, and comments are due 60 days after Federal Register publication.

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

On CAM, retail customers could get leverage from an eligible provider, meaning an FCM or a bank the FCM sponsors.

The CFTC asks whether margin should stay clearinghouse-set or become more prescriptive, and whether customer crypto can be rehypothecated.

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

Metaplanet ($MTPLF) sold 10,000 bitcoin:native at an average of $78,925 in the third quarter and bought 11,000 bitcoin:native at $86,246, so holdings rose by 1,000 to 44,000 bitcoin:native.

It targets 85% to 90% of assets in bitcoin and 10% to 15% in strategic investments.

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

Strive ($ASST) bought 2,000 bitcoin:native for about $169M last week and now holds 29,462 bitcoin:native.

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

CFTC Chair Mike Selig releases video unveiling proposed rules to regulate US crypto markets.

[Mike Selig @ChairmanSelig]

🚨 BREAKING NEWS 📺

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

Strategy ($MSTR ) bought 334 bitcoin:native for $28.7M last week at an average of $85,838 and now holds 848,000 bitcoin:native.

It also repurchased $176M of $STRC from its USD reserve, which stands at about $5.6B.

[GREED Labs ✈️ TOKEN2049 Singapore @GREED_Labs]

GREED Labs Weekly digest is up. Sept. 28 - Oct. 4

What's inside:

- SEC: custody proposal, 3x ETPs, OKXICE notice
- Bitget: intrusion traced to Aug. 31
- MetaMask: validators exited after a staking incident
- Macro: PCE and payrolls cut hike bets https://t.co/W6pGpcA2HJ