Can increasing liquidity be achieved by tightening the spread?
And if yes, should we do it?
I don’t want to start a discussion here about the question: what good is that liquidity for, if it makes Nu no revenue…
But it matches my gut feeling that Nu might be better off providing less volume at less costs (maybe with a tight peg) with a combination of ALP and NuOwned operarions - just like outlined in my “paradigm shift” thread.
Market aware offsets will help a big deal providing reliable liquidity with a reduced volume.