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Quantitative Finance · Glosario

¿Qué es Client tiering?

Definition 24.2 Strategies II: Volatility, Relative Value, Macro and the Bank Desks · Capítulo 24 — Flow Market Making at a Bank

Client tiering is pricing each client, or group of clients, by what its trades cost the desk (its mark-out) and by how sensitive it is to price (its hit ratio against the desk’s quotes), rather than quoting everyone the same.

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