Market makers provide an important role in ensuring that buyers and sellers of ETPs can transact. They provide liquidity to the market by providing quotes through the trading day and update their prices to reflect changes in the underlying securities.
ASX offers a market making incentive scheme to further promote tighter spreads and more liquidity in ETPs markets. Market making Participants receive incentives equivalent to trading and clearing fees from ASX when achieving minimum quoting benchmarks on a monthly basis. Each ETP is assigned a spread and liquidity requirement. View a list of market makers that have signed incentive contracts with ASX and the relevant ETPs.