Market Makers on Emerge
EMERGE will have market levels with two way eligible quotes (of minimum depth & within the stipulated Bid offer spread) in each trading session. Minimum presence would be 75% in each session. This will result in liquidity & better price discovery for all for 3 years post listing through a credible market making mechanism. The market maker will also monitor the scrip trading and report anomalies to the Exchange for appropriate intervention.
All the existing members of the Exchange are eligible to act as "Market Makers" for the SME issuers provided they qualify the Exchange criterion and have completed the registration process.
Updated on: 03/01/2023
