NASDAQ NLX Market Memo: 004-15


London, 2015-11-27 16:56 CET (GLOBE NEWSWIRE) --  

NASDAQ NLX Market Memo: 004-15

 

Issue Date: 27 November 2015

Effective Date: 1 December 2015

 

Appointment of Designated Market Makers in the NLX

Futures Products

 

Pursuant to Market Notice 010-15 issued on 10th November 2015, 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 Tuesday 1st December 2015, until close of business on Tuesday 31st May 2016.

 

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 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

 


Attachments

NASDAQ NLX Market Memo 004-15.pdf