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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

If you're a random person who's doing it, you probably can do that and you're probably not going to get in trouble more likely than not, although that's certainly not legal advice.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

It's not even necessarily, I mean, that's a thing that can happen.

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Why Susquehanna Is Building a Prediction Markets Business

But it could just be like, you have a website that has terms and conditions that says like, you're not permitted to scrape this data, right?

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

And like, you know, plenty of people scrape the data, right?

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Why Susquehanna Is Building a Prediction Markets Business

And we're not going to scrape that data.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

Like, we're not going to violate the terms and conditions of a website.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

So we hold ourselves to a more conservative standard when it comes to those types of things.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

So I think that person was probably just referring to, hey, you get restrained in some ways if you want to work for us.

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Why Susquehanna Is Building a Prediction Markets Business

We're going to be very careful when it comes to things around our reputation.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

But I think that there's a lot of advantages to working here as well.

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Why Susquehanna Is Building a Prediction Markets Business

Absolutely.

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Why Susquehanna Is Building a Prediction Markets Business

I mean, it's something that the prediction markets are looking at.

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Why Susquehanna Is Building a Prediction Markets Business

And really, when I think about what's made prediction markets so different, like what actually changed, it's the speed to market.

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Why Susquehanna Is Building a Prediction Markets Business

Say more about this.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

So, you know, it's funny, when we first started wanting to get involved with prediction markets,

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

I have like a little bit of an origin story where I have a friend who is a CFO of a musical instrument company.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

During the first China trade war, he was worried that their company might go out of business because they imported instruments from China.

Odd Lots
Why Susquehanna Is Building a Prediction Markets Business

And I was like, well, I'm a macro trader.

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Why Susquehanna Is Building a Prediction Markets Business

I could hedge this.

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Why Susquehanna Is Building a Prediction Markets Business

It's what I do all the time.