Market Making
P&L
Easy
Two Customers, Both Sides
Your fair value is and your quote is . One customer buys units and another sells units. What is your combined gross P&L relative to fair value?
Quant interview-style problem · QS-MM-007
Question 14 of 62
Your fair value is and your quote is . One customer buys units and another sells units. What is your combined gross P&L relative to fair value?
Think first. Use hints deliberately. Study the reasoning only when you need it.