NYSE Liffe operates a number of Market Making schemes, with the aim of encouraging and maintaining market liquidity. Appointed market makers in particular contracts have obligations to maintain two way prices and volumes for a specified period of the trading day. In return for fulfilling these obligations, we offer a range of potential benefits, including reduced trading fees, monthly stipends and a share of net trading revenue.

On 23 November we are launching a new DMM scheme in the Short and Medium Gilt futures contracts.

DMMs will be required to provide continuous two-way on-screen prices at specified maximum bid/offer spreads and specified minimum quote size, for up to 90% of the trading session.

London Notice No. 3234
Short and Medium Gilt Futures Contracts
List of Designated Market Makers

DMM scheme in the Long Gilt options contract.

DMMs are required to provide continuous two-way competative prices and order sizes - either on-screen or over the telephone - at specified maximum bid/offer spreads and specified minimum quote size, for up to 90% of the trading session. In addition, DMMs are required to provide theoretical pricing in order to assist with exchange EDSP publications.

London Info-Flash LO09/38
Option on Long Gilt Futures Contract
List of Designated Market Makers

To search for previous market notices, please visit here and for info-flashes, please visit here