FX Market Maker definition

FX Market Maker means an FX Daily Futures Trading Member who engages in trading on the Exchange’s market in accordance with the obligation to submit a bid and offer (or bids and offers) for FX Daily Futures contracts continuously and execute the contracts based on the volume(s) of such bid(s) and offer(s).

Examples of FX Market Maker in a sentence

  • To the extent a user has been designated by Cboe FX in its discretion as a Market Maker pursuant to the Cboe FX Market Maker Standards, which standards appear at Cboe FX’s Market Maker Standards and which are incorporated into these Operating Procedures by reference, such Market Maker may apply to participate on the Cboe FX Point Platform and be permitted to enter into certain Transactions on a direct basis on the Cboe FX Point Platform.