• Participants
    • Market Making
     Market Making

    Become a Market Maker




    • Market Maker License:

      Any company wishing to operate as a market maker must submit an application to the Capital Market Authority to obtain a market maker license through the following link: . The license must be renewed every three years.

    • Market Maker Registration:

      After obtain the license from CMA, you would have to register through MSX registration form through the provided link .
      Registration must be renewed annually, and registration is automatically suspended or canceled in the event of the suspension or cancellation of the license.

    • The stock exchange may register a market maker to operate on more than one financial instrument. The stock exchange may also approve the registration of more than one market maker to operate on a single financial instrument.

    • The market maker must enter into an agreement with the stock exchange, outlining the conditions and obligations that the market maker must adhere to. It's essential to follow these regulatory steps and comply with the terms set by the stock exchange to become and continue operating as a market maker.
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