The complete interactive guide to the Avellaneda Stoikov market making model. A live quoting desk streams the reservation price leaning against inventory with a synthetic order book beside it. Diagrams cover the control loop and the geometry of the quote pair while the fill intensity curve shows where edge per second peaks. The page also covers how desks estimate each parameter, what production engines add beyond the paper and the canonical references from Ho and Stoll through the 2013 inventory risk rework.
