Sponsored By
IM Skaugen terminates market maker agreement with SEB
IM Skaugen is terminating a four and half year old market maker agreement with SEB.
1 Min Read
Kalyakan - stock.adobe.com
The market make agreement which stems from May 2011 was designed to provide better liquidity for smaller shareholders, allowing them to but and sell in smaller lots.
With decision to terminate the agreement with SEB obligations under it will be performed until 29 February 2016.
“We are in a process of evaluating if such liquidity arrangements has had and will have the desired effect to warrant the additional cost for the company,” IM Skaugen said.
About the Author
Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community
You May Also Like