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MAE-4.6.8

The market maker agreement referred to in Paragraph MAE-4.6.7 may at the minimum, include the following terms and conditions:

(a) Rights and obligations of the market maker;
(b) Duration of the market maker agreement;
(c) Conditions under which market maker agreement may be terminated;
(d) Time window during trading hours that the market maker should be obliged to ensure presence on the order book;
(e) The maximum spread between the bid and offer price that market maker should maintain; and
(f) Minimum, maximum and normal order size with agreed specifications.
Added: January 2019