Common use of MARKET MAKER OBLIGATIONS Clause in Contracts

MARKET MAKER OBLIGATIONS. (a) Beginning on the Effective Date, the Market Maker shall continuously quote binding bid and offer prices, submitted as Post-Only Quotes as that term is defined in the Nadex Rules, at or inside of the defined maximum spread (“Defined Spread”) at not less than the defined minimum size (“Defined Size”) in the listed Contracts of all Classes to which the Market Maker is assigned as set forth in Appendix A (“Designated Classes”), as it may be amended from time to time by mutual agreement of the parties, at all times during which the Designated Classes are open for trading, except as otherwise provided in this Agreement. Market Maker shall not submit Non Post-Only Orders as defined by the Nadex Rules.

MARKET MAKER OBLIGATIONS. (a) Beginning on the Effective Date, the Market Maker shall continuously quote binding bid and offer prices, submitted as Post-Post- Only Quotes as that term is defined in the Nadex Rules, at or inside of the defined maximum spread (“Defined Spread”) at not less than the defined minimum size (“Defined Size”) in the listed Contracts of all Classes to which the Market Maker is assigned as set forth in on Appendix A Table 1 (“Designated Classes”), as it may be amended from time to time by mutual agreement of the parties, at all times during which the Designated Classes are open for trading, except as otherwise provided in Section 3 of this Agreement. Market Maker shall not submit Non Post-Only Orders as defined by the Nadex Rules.

MARKET MAKER OBLIGATIONS. (a) Beginning on the Effective Date, the Market Maker shall continuously quote binding bid and offer prices, submitted as Post-Only Quotes as that term is defined in the Nadex Rules, at or inside of the defined maximum spread (“Defined Spread”) at not less than the defined minimum size (“Defined Size”) in the listed Contracts of all Classes to which the Market Maker is assigned as set forth in on Appendix A Table 1 (“Designated Classes”), as it may be amended from time to time by mutual agreement of the parties, at all times during which the Designated Classes are open for trading, except as otherwise provided in Section 3 of this Agreement. Market Maker shall not submit Non Post-Only Orders as defined by the Nadex Rules.