London, 2015-08-24 14:59 CEST (GLOBE NEWSWIRE) --
NASDAQ OMX NLX Market Memo: 003-15
Issue Date: 24 August 2015
Effective Date: 1 September 2015
Appointment of Designated Market Makers in the NLX Futures Products
Pursuant to Market Notice 007-15 issued on 12th August 2015, inviting additional 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 3 months from Tuesday 1st September 2015, until close of business on Monday 30th November 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 included on the attached PDF.
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
