Keep pulling the thread on Jeremy Mallitz.
Susquehanna International Group's significant capital base is a key competitive advantage, allowing it to provide large-scale liquidity and bootstrap new markets for institutional-sized trades without being capital-constrained.
Susquehanna International Group believes its willingness to take on one-sided risk is a crucial function for enabling hedging use cases in prediction markets, especially for global risks.
Susquehanna International Group's current strategic focus in prediction markets is to bootstrap institutional-level liquidity, moving beyond its initial focus on retail liquidity.
Susquehanna International Group is willing to provide tens of millions of dollars of hedging capacity on a prediction market contract, even if that contract has only traded a small volume like $100,000.
The U.S. Department of Justice has begun prosecuting insider trading cases that occur on crypto-based prediction market platforms.
Susquehanna International Group does not participate in or provide liquidity for "mention markets" due to their high potential for manipulation.
The primary function of the prediction markets desk at Susquehanna International Group is market making, serving as a main liquidity provider on numerous platforms.
Susquehanna International Group claims to be the first institutional firm to become involved in prediction markets.
A key strategic goal for Susquehanna International Group is to encourage and guide other institutional players to enter the prediction markets ecosystem.
The corporate culture at Susquehanna International Group, influenced by founder Jeff Yass, is centered on identifying new opportunities by thinking in terms of Bayesian probabilities.
Susquehanna International Group's trading strategy involves intentionally taking on directional risk rather than always remaining risk-neutral, often warehousing risk for the broader market.
Susquehanna International Group is developing multiple pathways for institutional trading in prediction markets, including on-exchange block trades and off-exchange swaps that license market data.