n explore a wide range of market scenarios and trader behaviors.</p>
<p>Key points to note:</p>
<ol class="arabic simple">
<li><p>The market maker adapts its fair price, volume, and spread based on market conditions.</p></li>
<li><p>The informed trader uses a TWAP strategy to execute its trades.</p></li>
<li><p>The noise trader adds randomness to the market, simulating uninformed participants.</p></li>
</ol>
</section>
</section>


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