Mark Phillips

The entire objective of liquidity providers is to collect edge. It's not about position wins or PnL on inventory. It's about hoovering enough theoretical pricing differences to pay for hedging against reality. The absolute level of spot or vol DOES NOT MATTER.

Re-Run: Trader's Workshop | The Brew Ep. 518 nitter.cf/i/broadcasts/1kJzDPZQr…

The Fed Has Spoken: Now What? | The Market WineDown Ep. 24 nitter.cf/i/broadcasts/1YGNrblQN…

Re-Run: Trader's Workshop | The Brew Ep. 517 nitter.cf/i/broadcasts/1nxnRBPAv…

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Autocallables: High Yield With A Catch? | The Market WineDown Ep. 23 nitter.cf/i/broadcasts/1qKVmyYRR…

Trader's Workshop | The Brew Ep. 515 nitter.cf/i/broadcasts/1OxwbnrzM…

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How Far Can The Market Move? | The Market WineDown Ep. 22 nitter.cf/i/broadcasts/1dJrPrbPz…

The Market WineDown Ep. 22 nitter.cf/i/broadcasts/1wxWjlwAL…

Re-Run: Trader's Workshop | The Brew Ep. 513 nitter.cf/i/broadcasts/1AGRnZAjd…

Re-Run: Trader's Workshop | The Brew Ep. 512 nitter.cf/i/broadcasts/1oKMvNXoD…

Payment For Order Flow: Why It May Actually Help Retail Traders | The Market WineDown Ep. 21 nitter.cf/i/broadcasts/1OxwbnkAX…

The Market WineDown Ep. 20 nitter.cf/i/broadcasts/1mxPaZAvM…

Re-Run: Trader's Workshop | The Brew Ep. 511 nitter.cf/i/broadcasts/1DGleVvPw…

AI, Anthropic & The Risks Wall Street Can’t Ignore | The Market WineDown Ep. 19 nitter.cf/i/broadcasts/1mGPaZeOj…

Trader's Workshop | The Brew Ep. 510 nitter.cf/i/broadcasts/1RJjpbvdz…

Trader's Workshop | The Brew Ep. 509 nitter.cf/i/broadcasts/1pKdRDYNY…

AI Mania: Opportunity Or Overhype? | The Market WineDown Ep. 18 nitter.cf/i/broadcasts/1qxoNYgwN…

Trader's Workshop | The Brew Ep. 508 nitter.cf/i/broadcasts/1RJZzBeYn…

Re-Run: Trader's Workshop | The Brew Ep. 507 nitter.cf/i/broadcasts/1wGWjlMRz…