BSE introduces market making to improve liquidity

Market making is described as the act of simultaneously submitting bid and offer prices into the Automated Trading System (ATS) with the intention of infusing liquidity in securities that are not frequently traded on the stock exchange.

BSE deputy chief executive officer, Thapelo Tsheole said the implementation of market making on the local exchange should entail the appointment of institutions that would have applied to be registered as market makers.