Join ML Engineer Interview MasterClass (October Cohort) led by FAANG Data Scientists | Just 4 seats remaining...
ML Engineer MasterClass (October) | 4 seats left
Design a Market Making System
Requirements and Constraints
Design challenge: Design a market making system that continuously quotes bid and ask prices on one or more financial instruments, manages live orders on an exchange, and responds to market data within microseconds.
Market makers are the liquidity backbone of modern financial markets. A firm running a market making strategy profits from the bid-ask spread, but only if it can update its quotes faster than adverse price moves eat into its position. At a place like Citadel Securities or Virtu Financial, this system runs thousands of times per second across hundreds of instruments simultaneously.
Continue with the full applied walkthrough
Continue Design a Market Making System with the applied case study, diagnostic checks, and the recommendation you would give a PM.
Realistic product cases inspired by
Built from a senior data scientist’s perspective
Learn what to check, what to say, and how to make the decision.
Premium includes every course, applied case, and coding exercise.