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Obligation
of the
Market Makers, Repo Market |
The
requirements to be fulfilled by all entities desiring to become
Repo Market Makers in SENAF are as follows:
| Term |
|
Minimum
Volume (mm€) |
Quotation
Time
(per session) |
| O/N |
(*) |
300 |
4
horas |
| T/N |
3.0 |
300 |
5
horas |
| 1WK |
3.0 |
100 |
5
horas |
| 2Wk |
3.0 |
100 |
5
horas |
| 3WK |
3.0 |
100 |
5
horas |
| 1M |
3.0 |
100 |
5
horas |
| 2M |
3.0 |
100 |
5
horas |
| 3M |
3.0 |
100 |
5
horas |
| 6M |
3.0 |
100 |
5
horas |
(*) The commitment for the Overnight term will be to quote, for
the established volume and time, with the best spread that the market
allows at any given moment, and with the obligation to reach a transaction
volume of at least 300 million euros every day in the said term.
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