London, 2014-11-28 18:45 CET (GLOBE NEWSWIRE) --
Issue Date: 28 November 2014
Effective Date: 1 December 2014
Pursuant to Market Notice 011-14 issued on 6th November 2014, inviting tenders for Designated Market Maker status in the NLX STIR and LTIR Futures, this Market Memo confirms the appointment of the approved Designated Market Makers, subject to completion of the legal contracts.
The Market Making program will be in effect for a period of 6 months from Monday 1st December 2014, until close of business on Friday 29th May 2015.
The Market Makers are required to:
- Make continuous symmetrical quotes in the Central Order Book (COB)
- In a minimum volume
- With bid and ask prices within a maximum spread
- For the majority of the normal trading session (Euribor, Schatz, Bobl, Bund 07:00 – 18:00; Sterling 07:30 – 18:00 and Gilts 08:00 – 18:00)
The details of each Designated Market Maker’s commitment are detailed in Appendix I of the attached document.
For further information in relation to this NASDAQ OMX NLX Memo, please contact:
Stuart Deel-Smith:
Tel: +44 (0) 203 753 2106
Email: Stuart.Deel-Smith@nlx.co.uk
Maryna Syrovatka:
Tel: +44 (0) 203 753 2127
Email: Maryna.Syrovatka@nlx.co.uk
Vishal Mewasingh:
Tel: +44 (0) 203 753 2125
Email: Vishal.Mewasingh@nlx.co.uk
