Termination of Market Making and Liquidity Provider Agreement with SICO GFH Financial Group


The rapid execution of trades with less slippage and narrower spreads made possible by CFD trading’s high liquidity levels has the power to stabilise market prices, reduce trading costs, and boost trader profitability. CFD LPs typically provide an API or Liquidity Bridge to CFD brokers and other trading venues. They have a set list of CFD instruments for which they can provide liquidity, and a CFD broker chooses among the instruments they want liquidity for. Hedging – CFDs offer hedging strategies, allowing you to hedge your physical market positions or offset potential losses by taking opposing CFD positions, thereby effectively managing risk and protecting your portfolio against adverse market conditions. An agreement between a buyer and a seller to exchange the difference in the value of an asset from the opening to the closing of a contract is known as a Contract for Difference (CFD).

liquidity provider agreement

The Trustee, as trustee of the Trust,
undertakes to the Liquidity Provider as follows, except to the extent that the Liquidity Provider consents. It will provide copies promptly to the Liquidity Provider when they are obtained or renewed. The Trustee acknowledges
that the Liquidity Provider has entered the Trust Documents in reliance on the representations and warranties in this clause. This clause survives the repayment of any relevant Liquidity
Draw and the termination of this agreement. The Trustee may not prepay all or any part
of the Liquidity Outstandings except as set out in this agreement. Interest payable under this clause 5 which is not paid
when due will immediately be capitalised.

There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws. The NYSE and NYSE National Retail Liquidity programs promote cost savings through price improvement for individual investors on retail order flow for securities that trade on the NYSE and NYSE National markets. Offering price improvement for retail orders within an exchange environment offers individual investors new economic incentives and provides greater transparency, liquidly and competition in the U.S. cash equities marketplace. The program can be utilized by retail firms directly as well as by the brokers that service retail order flow providers.

Without actually owning the asset, traders may still profit from CFDs by speculating on its price changes. Because these contracts do not expire, traders may profit from both rising and declining market movements by taking long or short positions. The primary objective of this partnership is to strengthen and optimize the liquidity of Sohar International shares, which are listed on MSX. This collaboration strictly adheres to the regulatory guidelines established by MSX for the financial market industry. By joining forces with U-Capital, Sohar International positions itself to unlock new opportunities, elevate shareholder value, and enhance liquidity, reaffirming its position as a pioneer in Oman’s financial sector. Sohar International’s post-merger market capitalization stands at approximately $1.5 billion (OMR 500 Million), with an asset size of over OMR 6.5 billion, an increase in market share of 50%.

Liquidity contributions to the Open Liquidity Protocol BSV liquidity pool are locked for the first 30 days and cannot be refunded. Liquidity is provided in the form of a non-transferable loan with undefined maturity and defined amount of interest receivable, subject to the funding round. Provider is not allowed to contribute liquidity unless his funds comply with anti-money laundering (AML) requirements.

The Company is responsible for keeping the terms and conditions of this Agreement, programmed in the Protocol, unchanged, until the Network is rolled out. The Protocol, for value received, is programmed to pay back to the Provider the liquidity amount plus interest. Where liquidity amount and interest can be Bitcoin SV cryptocurrency (or ”BSV”) or USDC/USDT/DAI cryptocurrency (or ”USD”). Growth of usage of the trading applications, such as DXS.app, operating on top of the Protocol, defines the repayment schedule of the liquidity amount and interest. The amount of interest payable will be automatically calculated as indicated in provision 4 of this Agreement, communicated, confirmed and electronically signed individually with every Provider. Participation in this Agreement as well as all the commercial terms are written into a BSV transaction.

liquidity provider agreement

The Liquidity Protocol distributes 3% of total trading session losses to liquidity providers and 1% of total trading session losses to a bug fund. If trading session losses exceed profits, the remainder goes to the liquidity pool. If trading session profits exceed losses, up to 0.33% of each liquidity pool (known as ’session liquidity’) can be used to settle profits. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking information.

Kiel worked as in house counsel for a variety of companies before launching his own firm, and most recently served as the Chief Legal Officer for an international private equity firm. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. The volumes of open trades and current pending orders will be adjusted, i.e., reduced ten times, to balance market positions. This functions as a payout to LPs, which is realized when they burn their pool tokens to withdraw their portion of total reserves. In the future, this fee may be reduced to 0.25%, with the remaining 0.05% withheld as a protocol-wide charge.

Lago Kapital Ltd shall quote bids and offers for Wirtek A/S’s share in the trading system of NASDAQ Denmark Copenhagen on each trading day for at least 85 percent of the continuous trading period and in the auction procedures applicable to the share. GFH Financial Group would like to announce the termination of the Market Making and Liquidity Provision agreements with SICO for GFH’s shares on Bahrain Bourse and Dubai Financial Market respectively, effective 23rd May 2021. Meantime, SICO shall perform the respective obligations as per the agreements until the aforementioned date.

liquidity provider agreement

We offer a prompt membership process that can be completed in a short time frame. Primary Dealers are required to submit an end of day file of trading activity in Irish Government bonds and treasury bills to Euronext Dublin. The Irish Government bond market is managed by the National Treasury Management Agency (NTMA). The NTMA requires Primary Dealers to make continuous two-way prices in designated benchmark bonds, in specified minimum amounts and within specified maximum bid-offer spreads. Skilled in the details of complex corporate transactions, I have 15 years experience working with entrepreneurs and businesses to plan and grow for the future.

All Euronext members acting as Market Makers must complete the online Registration Form thus confirming their understanding and acceptance of the General Terms and Conditions that apply to all Euronext Cash and Derivatives instruments. Investment firms engaged in algorithmic trading and pursuing market making strategies on any Euronext tradable instrument are required to enter into a Market Making Agreement. Quick, user friendly and one of the better ways I’ve come across to get ahold of lawyers willing to take new clients. The Liquidity Provider shall do all things reasonably necessary to enable any successor Trustee appointed under clause 24 of the Master Trust Deed to become the Trustee under this agreement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. Understanding different CFDs provides Gold Trading Online a wide range of prospects for market players, allowing them to make knowledgeable decisions and increase their chances of success. Establishing effective communication with LPs is essential, especially when outsourcing user bargains to a third party.

  • This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website.
  • There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties.
  • The Trust
    Manager directs the Trustee to, and the Trustee shall, apply the proceeds of each Liquidity Draw to fund Liquidity Shortfalls in relation to the Trust by crediting it to the Collection Account to be applied in accordance with clause 5 of the Series
    Notice, and for no other purpose.
  • On this occasion, Sheikh Abdulaziz Khalifa Al Saadi, Chief Executive Officer of Ubhar Capital, said “We are profoundly thrilled about our collaboration with Sohar International, which presents a significant opportunity to deliver substantial value to its shareholders.

Any person can contact us to review, update or remove the data we hold on them here or email us It takes extensive knowledge of trade and business to choose an LP to use on the CFD trading platform. Traders should consider working with respected brokers who offer clear pricing, reliable platforms, and effective risk-handling instruments. CFD LPs maintain a low difference between bids and asks, providing high CFD liquidity to exchange venues. Choosing a long position involves placing a buy trade at a low price, expecting the asset value to rise over time.

Earlier contributors have the advantage of consistent payments without needing to make repeated contributions and locking up more liquidity in the pool. Susceptibility to market conditions – Speculating on changes in the price of financial assets that are impacted by general market circumstances is a part of trading CFDs. Risk is magnified when trading occurs during times of economic uncertainty, such as political elections. Even seasoned traders have a hard time predicting market swings due to unpredictable circumstances. Tamta is a content writer based in Georgia with five years of experience covering global financial and crypto markets for news outlets, blockchain companies, and crypto businesses. With a background in higher education and a personal interest in crypto investing, she specializes in breaking down complex concepts into easy-to-understand information for new crypto investors.


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