The National Commodity & Derivatives Exchange Limited (NCDEX) on December 26, 2024, issued a notification regarding the Liquidity Enhancement Scheme for Guar Seed Options on Futures contract – Discontinuation of Secondary Designated Market Maker.
Effective January 13, 2025, the Primary Market Maker will provide quotes at all five levels in the order book, while the Secondary Designated Market Maker will be discontinued. This follows the appointment of market makers through a competitive bidding process, as detailed in earlier circulars. The bid-ask lot criteria for the Primary Market Maker are outlined in Annexure I.
[Notification No. NCDEX/TRADING-060/2024]
