Deep Tide TechFlow News, May 29, according to The Block, London algorithmic trading firm Wintermute announced its official entry into the prediction market sector, beginning to provide bilateral liquidity quotes on several leading prediction market trading platforms, with the total monthly trading volume on these platforms exceeding $20 billion. Wintermute OTC trading head Jake Ostrovskis stated that for prediction markets to become a reliable source of real-time probability estimates, continuous bilateral liquidity support is needed to narrow spreads and facilitate large transactions.

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