Will Citadel start a prediction market making desk by the midterms?
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Is Interactive Brokers a good comparison here, i.e. are they actually a market maker?
They allow trading on ForecastEx (which I believe does not take positions itself and only matches "yes" and "no" buyers on an order book) and CME event contracts (which I'm also not sure Interactive Brokers would be a counterparty for, as opposed to a broker of).
@lxgr You are absolutely right. I have removed the reference to IB in the title. I have something different in mind with this question. I am thinking about the expansion of the existing market making business into prediction markets.
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