[Wintermute: Providing Liquidity for Prediction Markets] Odaily Planet Daily News – Wintermute announced that it is expanding its institutional trading business into prediction markets. Wintermute will provide two-way market liquidity for event contracts on major platforms to reduce spreads, support larger-scale trading, and enhance the reliability of market-implied probabilities. Wintermute's OTC Trading Head, Jake Ostrovskis, stated that prediction markets exhibit data characteristics similar to major asset classes, but liquidity remains in its early stages. Continuous two-way liquidity can not only narrow spreads but also support higher trading volumes, thereby improving the signals embedded in market prices. (cointelegraph)