Common use of Illiquid Markets Clause in Contracts

Illiquid Markets. Market Maker may refrain from submitting Post-Only Quotes during a period of illiquid underlying markets defined as, thinly traded markets in particular time periods as determined by Nadex from time to time and made public via posting on its website. A Market Maker that chooses to submit Post-Only Quotes during an Illiquid Market period will be required to comply with the Defined Spread and Defined Size requirements as set forth in Appendix A.

Appears in 5 contracts

Samples: Market Maker Agreement, Market Maker Agreement, Market Maker Agreement

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