Snowy mountain view at sunrise

Market Making - Providing Liquidity for Equity Derivatives

Contact Us Login Nasdaq Member Portal

Becoming a Market Maker for Equity Derivatives

As a member at Nasdaq Derivatives Market you have the possibility to become a Market Maker in listed series on all Nordic markets. Market Makers receive benefits such as market maker fees and extra functionality.

The purpose of the Market Maker program is to maintain a high level of order book liquidity in options and futures on Nordic shares and indices.

As a Market Maker, you agree to provide quotes on your Market Maker account regarding various exchange listed instruments in accordance with an agreement between your company and the exchange (Market Maker Agreement). In exchange you receive a number of benefits such as Market Maker fees and multi-quote functionality.

When the main Market Maker Agreement is signed, an appendix needs to be signed for each market segment (Swedish, Danish, Finnish and Norwegian) where the member wishes to become a Market Maker. Separate appendices need to be signed depending on whether you wish to become a Market Maker on Monthly and/or Weekly Options.

Market Maker Agreement for Equity Derivatives

The Market Maker Fee list is available in the Derivative Rules.

The main agreement and appendices are available in the resource center below.

Key Benefits

Market Maker Fees

As a market maker your will trade at lower fees, according to the Market Maker Fee List.

Instantaneous Placement/Removal of Quotes

Instantaneous placement/removal of quotes (two-sided prices) is a function reserved for Market Makers.

Extra Functionality

Market makers get access to additional features, such as multi-quote functionality.

Market Notices from Nasdaq Derivatives Market Subscribe Here

Resource Center

Market Maker Parameters
Market Maker Parameters Download
Main Agreement
Market Making Agreement Nasdaq Derivatives Markets Download
Nordic MM
Appendix to MM Agreement NMM Download Appendix A Classification of Nordic Instruments NMM Download Appendix B Market Maker Obligations NMM Download
Segment MM
Appendix to MM Agreement SMM Download Appendix A Classification of Nordic Instruments SMM Download Appendix B Market Maker Obligations SMM Download
Non-qualifying Subclasses
Monthly - Appendix to MM Agreement - Non-qualifying subclasses Download Monthly - Appendix C Classification of instruments Download Monthly - Appendix D Market Maker Obligations Download Weekly - Appendix to MM Agreement Weekly Options Non-qualifying Subclasses Download Weekly - Appendix C Classification of instruments weekly options Download Weekly - Appendix D Market Maker Obligations weekly options Download
Qualifying Subclasses - Sweden
Monthly - Appendix to MM Agreement - Sweden Download Monthly - Appendix A Classification of Swedish Instruments Download Monthly - Appendix B Market Maker Obligations - Sweden Download Weekly - Appendix to MM Agreement Weekly Options Qualifying Subclasses Download Weekly - Appendix A Classification of Swedish Weekly Options Download Weekly - Appendix B Market Maker Obligations - Sweden Download
Qualifying Subclasses - Denmark
Monthly - Appendix to MM Agreement - Denmark Download Monthly - Appendix A Classification of Danish Instruments Download Monthly - Appendix B Market Maker Obligations - Denmark Download Weekly - Appendix to MM Agreement DK Single Stock Weekly Options Download Weekly - Appendix A Classification of Danish Single Stock Weekly Options Download Weekly - Appendix B Market Maker Obligations NO Single Stock Weekly Options Download
Qualifying Subclasses - Finland
Qualifying Subclasses - Finland Download Monthly - Appendix A Classification of Finnish Instruments Download Monthly - Appendix B Market Maker Obligations - Finland Download
Qualifying Subclasses - Norway
Monthly - Appendix to AEMM Agreement Download Monthly - Appendix to AMM Agreement Download Monthly - Appendix to RMM Agreement Download Monthly - Appendix A Classification of Norwegian Instruments Download Monthly - Appendix B Market Maker Obligations - Norwegian Download Weekly - Appendix to MM Agreement NO Single Stock Weekly Options Download Weekly - Appendix A Classification of Norwegian Single Stock Weekly Options Download Weekly - Appendix B Market Maker Obligations NO Single Stock Weekly Options Download

Related Information

Rules & Regulations - Derivatives Rules

Rules and Regulations of Nasdaq Derivatives Markets govern Nasdaq Stockholm's derivative exchange & Nasdaq Clearing.

Read More

Stock Futures & Forwards

Stock futures & forwards on Swedish, Danish, Norwegian & Finnish shares.

Read More

Options on Exchange Traded Funds (ETFs) in Sweden

For reduced risk exposure or increased yield on Exchange Traded Funds.

Read More