
@Waffloid Sig and Kalshi Trading make directional bets in addition to market making, and should both count.
@Joshua sure -- but consider the analogy with optiver, they also make directional bets through market-making, does that change your opinion on whether they use options as an investment vehicle?
@ian Should we rip the Band-Aid off now?
Are we letting this play out 'til close?
Or should this be N/A'd on the spot?
Edit: No one answer feels great, but we are here now.
@brod i dont think so: a market-maker provides liquidity and in return make money from the bid-ask spread -- this is fundamentally different from using it as an "investment vehicle", which in this context would look like holding capital in big betting positions in the hopes of being able to outperform the market
another point is that market makers are service providers, not investors - just because they play with money doesn't mean they are investing it!
@brod you put up capital in order to make number go up. It's not only an investment vehicle but it's one of the best in existence in terms of risk reward.
how is this market so old and so poorly defined this late in the game. i agree with @Quroe this should be like 90% or 10% unless there is currently none but high speculation one is about to announce...
@No_uh I did try to poke the market creator, but I never followed up with a mod ping. I don't know if that makes me responsible by proxy.
I have no skin in the game on this one.
@Quroe of course it doesnt make you responsible lol. its not your market! (edit: buying a lil bit in this cause given lower comments that logic makes sense and seems likely to cause YES resolution). but i understand it may not qualify for whatever op has in mind
@PaulHan Do they need to host a market? Or only participate in one and hold a position within some financial portfolio?