Market-Making Parameter Tuning overview

Calibrates market-making strategy parameters for optimal risk-adjusted profitability — adjusting bid-ask spread widths based on realized volatility and inventory costs, tuning inventory position limits and skew functions, optimizing quoting speed and cancel-to-fill ratios, configuring adverse selection filters against toxic order flow, and setting per-symbol and aggregate risk thresholds. Produces parameter configuration updates and performance attribution showing spread capture versus inventory management costs. Excludes new instrument onboarding and exchange connectivity work.