Market Maker Obligations
To receive unique order-execution discounts, MM's are required to fulfill and maintain several conditions: 1. A minimum spread 2. Volume 3. Increased volume within the first 3 bands (price levels).
To receive unique order-execution discounts, Market Makers are required to fulfill and maintain the following conditions:
- Maintain a minimum spread for the agreed time within the Margex trading system
- Maintain volume equal to or above the minimum, on each band in the Order book
- Maintain an increased volume within the first 3 bands (price levels)
Please note that in the event that at least one of the above conditions is violated or not maintained, Margex reserves the right to terminate a contract without paying a discount or fulfilling other trading promotion conditions.