17. Provisions on MM
17.1. Quotation method
- Members must use separate accounts for transactions MM
- Type quotation command: limit order (LO).
- Perform two-way price quotation.
17.2 Responsibilities quotation (to be specified for each product specific)
- Ensure the difference between the buying price and the selling price must be less than or equal to the maximum deflection diversion:
diversion rate fare = (bid - the price offered for sale) / bid x 100%
- Guarantee the minimum amount of each order quotation (x contract / order);
- Ensure the minimum quotation time prescribed (accounting y% of the session time);
- Ensure a minimum duration command on the system (n seconds unless the price of the underlying asset changes too m%);
- market maker orders not match the proprietary trading orders and command of the main market maker Party;
- contract type to create: contract current month maturity, the contract expiring next month, or the month the contract matures further under the terms in the contract signed between the Stock Exchange and its members.
17.3. Disclaimer market maker
- the last trading day;
- The cases mentioned in the Regulation Member TTCKPS and Suspend Trading Terms Listing Regulation and futures transactions of the Stock Exchange.
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