Market Maker Obligations & Benefits
Listed Securities (Corporates) >= $1
| Obligations (per book & per security) | Base Tier |
|---|---|
|
Quoting Two-sided quote, X% of time between 9:30am-4:00pm |
95% |
|
Size & Spread Number of board lots (BL) within a maximum spread of X%, minimum 2 BL on each side |
4 BL 5% |
Listed Securities (Corporates) < $1
| Obligations (per book & per security) | $0.01-$0.09 | $0.1-$0.49 | $0.50-$0.99 |
|---|---|---|---|
|
Quoting Two-sided quote, X% of time between 9:30am-4:00pm |
95% | 95% | 95% |
|
Size & Spread Number of Board lots (BL) within $X spread, minimum 1 BL on each side |
4 BL $0.03 |
4 BL $0.05 |
4 BL $0.07 |
ETFs & CEFs
| Obligations (per book & per security) | Base Tier |
|---|---|
|
Quoting Two-sided quote, X% of time between 9:30am-4:00pm |
95% |
|
Size & Spread Number of board lots (BL) within a maximum spread of X%, minimum 2 BL on each side |
15 BL 4% |
Structured Products
| Obligations (per book & per security) | Base Tier |
|---|---|
|
Quoting Two-sided quote, X% of time between 9:30am-4:00pm |
95% |
|
Size & Spread Number of board lots (BL) within a maximum spread of X%, minimum 2 BL on each side |
30 BL 5% |
If you'd like to learn more about becoming a Cboe Canada market maker, contact [email protected]