The purpose of the market making scheme is to improve on-screen price quality in order to build order flow in the central market. Two liquidity provider roles are in place.

Primary Liquidity Provider ("PLP")
The "PLP" Liquidity Provider role provides continuous quotes in a pre-defined number of In The Money and Out Of the Money series (1 or 2 ITM and 4 or 8 OTM) and is intended to provide the UK options market with increased quotes to further entrench liquidity.

Competitive Market Maker ("CMM")
The "CMM" Liquidity Provider role ensures that in all UK individual equity options there are continuous quotes in a range of series in the Near The Money Area.

The purpose of the market making scheme is to improve on-screen price quality in order to build order flow in the central market. Two liquidity provider roles are in place.

Primary Liquidity Provider ("PLP")
The "PLP" Liquidity Provider role provides continuous quotes in a pre-defined number of In The Money and Out Of the Money series. Two PLP-roles have been defined. PLP short term, having obligation in maturities up until 13 months (2 ITM and 8 OTM) and PLP long term having obligation in maturities greater than 13 months (1ITM and 4 OTM). The PLP-roles are intended to provide the FTSE100 options market with increased quotes to further entrench liquidity.

Competitive Market Maker ("CMM")
The "CMM" Liquidity Provider role ensures that in the FTSE100 Index Options there are continuous quotes in a range of series in the Near The Money Area.

The Designated Market Maker ("DMM") Scheme is operating in the European-style FTSE100 Index Option Contract. The aim of the scheme is to strengthen liquidity and facilitate customer order flow. Those members that have been awarded DMM status have agreed to honour the following market obligations:

For 90% of each trading session (that is, contract opening through to close), each DMM, upon demand, will be required to quote two way competitive prices and order sizes over the telephone or through answering Requests for Quotes ("RFQs") on LIFFE CONNECT®.

The “PMM” scheme ensures that FTSE100 dividend index future contract is supported by primary market makers providing continuous quotes in five December maturities and in the first calendar spread during the last 10 business days preceding the first month expiry. The PMM scheme is aimed at providing transparency and liquidity such that investors are able to observe bids and offers and are able to deal in small size regularly and at a reasonable bid/offer spread.

The "DMM" scheme ensures that all Universal Stock Futures are supported by one or more market makers providing continuous quotes in the first 3 months and in the first calendar spread during the last 10 business days preceding the first month expiry. The DMM scheme is aimed at providing transparency such that the retail (private) investor is able to observe bids and offers and be able to deal in small size regularly and at a reasonable bid/offer spread.

The “PMM” scheme ensures that the TOPIX index futures contract is supported by primary market makers providing continuous quotes for the first maturity and in the second maturity during the week preceding expiry of the first month. The PMM scheme is aimed at providing transparency and liquidity such that investors are able to observe bids and offers and are able to deal in small size regularly and at a reasonable bid/offer spread.