European interest rate futures platform is looking to revive trading volumes
Nasdaq NLX wants to hike the number of
market-makers on the trading venue from the four firms it
currently has, marking the latest move by the struggling
European rates venue to revive trading volumes.
The European exchange venue said on
Wednesday it has decided to "supplement" its current Designated
Market-Maker scheme with new participants for a three month
period from September 1 and has invited firms to submit tenders
to that effect.
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