Bryan Christian on open source
From Where market making meets market microstructure · · Sasha Stoikov
“In the open-source Hummingbot there are many market making algorithms; one popular model is the Avellaneda model and apparently many crypto companies use simple market making models to bootstrap two-sided markets for new coins.”
On , Bryan Christian, CEO at Old Mission Capital, spoke about open source during Where market making meets market microstructure on Sasha Stoikov.
About Bryan Christian
Bryan Christian, CEO of Old Mission Capital, appeared on a program in November 2025 where he stated that Marxism "hates Christianity" and views it as "part of the problem, if not the biggest problem in our culture." He argued that within Christianity, the nuclear family is sustained, which he said passes down "oppressive ideas" that maintain societal oppression. Christian asserted that "woke ideas" say Christianity is the problem and that Christians should not use "Marxist pagan ideas" as analytical tools, instead advocating for a "biblical worldview" to address issues. In a December 2023 talk at the International Association of Quantitative Finance, Christian discussed market making and market microstructure. He described market making as an algorithm that updates bids and asks, comparing it to "picking pennies in front of a tractor" that can seem safe until it is not. He noted that in cryptocurrencies, volatility can "blow up very fast" and that open-source market making code used in crypto accounts for this. Christian also observed that the "colorfulness and humanity" of markets is disappearing as they become automated, turning into "a very cold data center rather than the vibrant trading floor."