MM'S28 Jan 2021 09:56
I posted this recently
Just a heads up seems like we have another market maker - SING - so now 6 MM's
Also for about a week or so two of the MM's have reduced their normal market size down to 50,000 the new MM is also 50,000
I believe that this is an indication of shortage of shares to deal
Back in October 2019 the normal market size was 300,000 in early 2000 this was reduced to 100,000 for all 5 MM's
The normal market size is now called the EMS - definition is
The EMS or exchange market size is the minimum number of shares that a market maker is obliged to quote a firm two way price on the trading system. This does not ensure the price is equal to the market quoted price at that time.
Now 4 mms showing EMS of 50,000 2 are showing 100,000
UPDATE NOW 5 MM'S ON 50,000 1 ON 100,000
FURTHER UPDATE NOW 6MM'S ON 50,000 AND 1 ON 100,000 MREX is the MM