Disclosure to clients
MIR-4.19.37
Where a
member is registered asmarket maker , suchmember must disclose to its client the existence of themarket maker agreement entered into between the licensedmember and thelicensed exchange and written consent must be obtained from the client stating his awareness of themarket maker arrangement between themember and thelicensed exchange and that he has fully understood the potential risk and conflict of interest associated with such activities.Added: January 2019