Buy-side firms can take on the role of disclosing prices even as pressure grows on them to become market makers, said BlackRock's head of global trading, Supurna VedBrat. Being a price maker can be beneficial if there is a market event or for liquidity constraint products.” The firm is also working with banks and other financial institutions that are trying to get into the cryptocurrency market, she said. "A price maker is different from a market maker – as a price maker you are willing to declare the price at which you will buy or sell a security," she said. However, being a price maker is beneficial for liquidity constrained products and during market events, VedBrat added.
Buy-side firms can take on the role of disclosing prices even as pressure grows on them to become market makers, said BlackRock's head of global trading, Supurna VedBrat. The firm is also working with banks and other financial institutions that are trying to get into the cryptocurrency market, she said. "A price maker is different from a market maker – as a price maker you are willing to declare the price at which you will buy or sell a security," she said. However, being a price maker is beneficial for liquidity constrained products and during market events, VedBrat added.