Market Makers are OMIP Trading Members that take on an important role in the market, guaranteeing adequate levels of liquidity and depth of orders, with a direct impact on the price formation process.
The Market Maker undertakes the obligation to simultaneously expose bid and ask offers with minimum quantity limits and maximum spread limits, for a given number of contracts, and during a minimum predefined period of time each trading session, in exchange for direct benefits negotiated with market’s managing entity.
OMIP intends to attract, to its market, entities to take on this important status, for which it has defined a set of rights and obligations, in close dialogue with the potential candidates.
Presently on OMIP there are four Market Makers:
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EGL España – Market Maker on the first two quarterly futures contract and at the first annual futures contract on Spanish baseload electricity.
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Nexus Energia – Market Maker on the first two monthly and quarterly futures contract on Spanish baseload electricity.
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Deutsche Bank – Market Maker on the second annual futures contract on Spanish baseload electricity.
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Citigroup – Market Maker on the first two monthly futures contract and at the first annual futures contract on Spanish baseload electricity.
To obtain further information, please contact the OMIP Trading department.