London, 2013-10-01 08:00 CEST (GLOBE NEWSWIRE) --
Issue Date: 1 October 2013
Effective Date: 1 October 2013
Appointment of Designated Market Makers in the NLX Bund, Bobl and Schatz Futures Products
Pursuant to Market Notice 007-13 issued on 20th September 2013, inviting tenders for Designated Market Maker status in the NLX Bund, Bobl and Schatz 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 8 months from Tuesday 1 October 2013, until close of business on Friday 30 May 2014.
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 (07:00 – 18:00).
The details of each Designated Market Maker’s commitment are detailed below in Appendix A.
Full Details are Enclosed in the Attached PDF.
For further information in relation to this NASDAQ OMX NLX memo, please contact:
Stuart Deel-Smith:
Tel: +44 (0) 207 065 8051
Email: stuart.deel-smith@nlx.co.uk
Amanda Maundrell:
Tel: +44 (0) 207 065 8047
Email: Amanda.maundrell@nlx.co.uk
Maryna Syrovatka:
Tel: +44 (0) 207 065 8107
Email: Maryna.Syrovatka@nlx.co.uk