Market Making

Algocor Market Making

Our DNA is Market Making
Markets evolve with every tick.
Spreads tighten, volatility spikes, and liquidity constantly shifts between venues.
Static quoting and manual intervention are no longer enough.

Algocor Market Making redefines market making, transforming the entire pricing, hedging, and risk cycle into a fully automated and measurable framework.

Why Market Making Needs a Rethink

In modern markets, speed and intelligence define success.

Algocor Market Making replaces manual market-making operations with a unified, data-driven backbone that connects Borsa Istanbul, commodity markets, and digital asset venues through one API.

Core Modules

Pricing & Quoting Engine

Calculates fair value in real time using order book depth, volatility, and implied rate data.

  • Adaptive Quoting Model:  Adjusts spreads dynamically to reflect market volatility and liquidity.
  • Venue-Aware Logic: Quotes across multiple venues and instruments simultaneously.
  • Data Feedback Loop: Each quote learns from prior execution, improving precision over time.
Order Execution Layer

Execution is no longer static — it’s adaptive by design.

  • FIX/OUCH
  • Dynamic Routing 
  • Algo Integration 

 

Risk & Inventory Management

Real-time monitoring of PnL, VaR, delta, and inventory across venues. Smart throttling and auto-shutdown protocols activate when limits are breached, ensuring continuous, safe operations.

Post-Trade Analytics (TCA Integration)

Integrated Transaction Cost Analysis quantifies spread efficiency, market impact, and overall alpha capture.
Every quote and fill is benchmarked, transforming liquidity provision into a measurable performance discipline.

Architecture & Workflow

Everything from a single backbone.

Core Layers:

  • Pricing Core Co-located computation engine at Borsa Istanbul.
  • Execution Gateway FIX/OUCH-based order layer.
  • Risk Hub Real-time delta, PnL tracking.
  • Analytics Layer Processes TCA, and performance data.
  • Dashboard/API Live visualization of spreads, fills, and inventory.

Workflow:

  1. Price
  2. Quote
  3. Execute
  4. Hedge
  5. Update Risk & TCA

Use Cases

Broker-Dealers & Exchanges

Broker-Dealers & Exchanges

Enable liquidity for new ETFs, futures, or crypto products.
Algocor manages the full cycle — pricing, quoting, hedging, and analytics — while you scale volume and participation.

Commodity Houses & Utilities

Commodity Houses & Utilities

Provide spread-based hedging and automated rebalancing for energy and commodity exposures.
Latency-optimized infrastructure ensures continuity even during volatile periods.

Crypto Market Makers

Crypto Market Makers

Support for CEX/DEX integrations enables unified liquidity across tokens, stablecoins, and hybrid instruments.
Algocor bridges off-chain execution with on-chain transparency.

Key Advantages

Modular Deployment: Use pricing, execution, or risk modules independently.

Plug & Play: Integrate with broker or exchange systems in under two weeks.

Fully Auditable: Every quote time-stamped and TCA-tracked.

Revenue Sharing: Flexible spread- or volume-based fee models.

Value Proposition

Your Market-Making Engine, Reimagined.

Algocor Market Making isn’t just a platform. It’s a quantitative infrastructure built to expand liquidity, stabilize spreads, and measure every millisecond of performance.

Tighter spreads. Higher volume. Predictable revenue.