Trading Game Market Making Review
Trading game market making review covering fair value, bid-ask quotes, order flow, inventory, risk limits, and post-game review.
Candidates near mock-interview readiness for market-making games.
Review the core loop
Estimate fair value, quote bid and ask, observe trades, update fair value and inventory, then quote again.
Check quote quality
A good quote has a defensible midpoint, spread width, and skew. If one of those is missing, the quote is incomplete.
Concrete example
If fair value is 40, uncertainty is high, and you are long, your quote might be wider than usual and skewed to encourage selling inventory.
Track inventory and risk
Each trade changes your position. Review whether your later quotes actually responded to the risk you carried.
Post-game review routine
After each drill, label mistakes as fair-value, spread, inventory, order-flow, arithmetic, or communication errors.
Common mistakes
Candidates often remember final profit or loss but not the decisions that produced it. Review the sequence, not only the score.
Practice the pattern
Use the LeetQuidity curriculum and calibration to turn this topic into a focused practice plan.