Tales of the Tape, Episode 6 - What Makes a Market Maker episode artwork

EPISODE · Jan 15, 2026 · 45 MIN

Tales of the Tape, Episode 6 - What Makes a Market Maker

from Tales Of The Tape · host Cboe Global Markets

You’ve heard of market-makers: that they take the other end of trades and collect the bid/ask spread as fee for their services. But what does that really mean in practice? How did a solely trading floor-oriented market-making ecosystem evolve into today’s setup?Tune in to the latest episode of Tales of the Tape, where Spencer Doar and Andy Bevers of Cboe discuss what it takes to provide liquidity in U.S. options with Steve Crutchfield of market-maker CTC.

You’ve heard of market-makers: that they take the other end of trades and collect the bid/ask spread as fee for their services. But what does that really mean in practice? How did a solely trading floor-oriented market-making ecosystem evolve into today’s setup?Tune in to the latest episode of Tales of the Tape, where Spencer Doar and Andy Bevers of Cboe discuss what it takes to provide liquidity in U.S. options with Steve Crutchfield of market-maker CTC.

NOW PLAYING

Tales of the Tape, Episode 6 - What Makes a Market Maker

0:00 45:09

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Tales Of The Tape?

This episode is 45 minutes long.

When was this Tales Of The Tape episode published?

This episode was published on January 15, 2026.

What is this episode about?

You’ve heard of market-makers: that they take the other end of trades and collect the bid/ask spread as fee for their services. But what does that really mean in practice? How did a solely trading floor-oriented market-making ecosystem evolve into...

Can I download this Tales Of The Tape episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!