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Jeremy Maletz

πŸ‘€ Speaker
274 total appearances

Appearances Over Time

Podcast Appearances

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

So you'll get caught.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

So there is an infrastructure, especially in the regulated space, but also now in the unregulated space for catching people that do it.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

And I think that's why you don't see more.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

That's what stops insider trading.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

People don't want to get caught.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

This is new.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

People probably thought like, oh, I can do it in crypto and we'll get caught.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

Now they're like, oh, I am going to get caught.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

Honestly, I don't think it's something that's really come up for us to this point in time.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

There are concerns we have around certain things in prediction markets.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

But realistically, there's a lot of people in prediction markets with deep pockets, certainly us.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

And we're pretty good at, as I said, understanding the incentive of who's involved.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

And if someone's going out there and trying to move a market to influence an outcome,

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

you know, if it's, I guess it depends on what the outcome is.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

If it's an outcome that's easy to influence, we try to avoid those markets in the first place.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

So we don't trade like mention markets, right?

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

Someone could put a bunch of money on something and then, you know, on this podcast for apps and then say, Joe, here's a little, right.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

Have fun.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

We're not going to participate in those.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

If you're worried about something like that, you probably shouldn't trade those either.