Common use of Expiry period Clause in Contracts

Expiry period. Market Maker may refrain from submitting Post-Only Quotes during these periods, as described below, for any particular Contract, just prior to expiry of that Contract (“Expiry Period”). A Market Maker that chooses to submit Post-Only Quotes during an Expiry Period will be required to comply with the Defined Spread and Defined Size requirements as set forth in Appendix A. a. The five (5) minute period just prior to expiry of any Event Contract; b. the two (2) minute period just prior to expiry of any Intraday, Daily, or Weekly Contract, with the exception of the Intraday 5-Minute and 20- Minute, and Touch Bracket Contracts; c. the one (1) minute period just prior to the expiry of any Intraday 5-Minute or Intraday 20-Minute Contract; and d. the thirty (30) second period just prior to the expiry of any Weekly Touch Bracket Contract.

Expiry period. Market Maker may refrain from submitting Post-Only Quotes during these periods, as described below, for any particular Contract, just prior to expiry of that Contract (“Expiry Period”). A Market Maker that chooses to submit Post-Only Quotes during an Expiry Period will be required to comply with the Defined Spread and Defined Size requirements as set forth in Appendix A. a. The five (5) minute period just prior to expiry of any Event Contract or Bitcoin Contract; b. the two (2) minute period just prior to expiry of any Intraday, Daily, or Weekly Contract, with the exception of the Intraday 5-Minute and 20- Minute, and Touch Bracket Contracts; c. the one (1) minute period just prior to the expiry of any Intraday 5-Minute or Intraday 20-Minute Contract; and d. the thirty (30) second period just prior to the expiry of any Weekly Touch Bracket Contract.