CMA lines up incentives for equities liquidity providers

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CMA director, Regulatory and Policy, Luke Ombara. FILE PHOTO | NMG

The Capital Markets Authority (CMA) will license broker-dealers in its quest to introduce market makers as a cushion to the slump in the equities market.

Broker dealers will be allowed to buy and sell equities for their own accounts in expected changes to the public offers and listing of securities regulations which are set to be gazetted.

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