London

sf_nl_Liquidity Provider and Market Making Schemes - London

Liquidity Provider and Market Making Programmes

The purpose of the Liquidity Provider and Market Making Programmes is to improve on-screen price quality in order to build order flow in the London Central Order Book.  Four roles are in place : -

Primary Liquidity Provider (PLP)
The PLP role provides continuous quotes in a pre-defined number of series.

Competitive Market Maker (CMM)
The CMM role ensures that there are continuous quotes in a range of series in the Near-The-Money (NTM) Area

Primary Market Maker (PMM)
The PMM role provides continuous quotes in a pre-defined number of maturities

Designated Market Maker (DMM)
The DMM role is aimed at further strengthening liquidity and facilitating customer order flow


 

London Contracts with Market Making Programmes

  • London Equity Options - PLP and CMM roles
  • FTSE 100 Index (ESX) Options -  PLP, CMM and DMM roles
  • MSCI World NTR Index Future - PMM role
  • FTSE 100 Dividend Index Future - PMM role

 

sf_nl_Liquidity Provider and Market Making Schemes - Lisbonbis

For more information, please contact:

Business Statistics & Data Intelligence
Phone: +31 (0)20 550 5110
Email: LPEurope@nyx.com