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Most Asked Questions

Does active quote mean there is continuous quotation available throughout a trading day?

Generally speaking, yes. However, active quotes may not strictly be “continuous” because liquidity providers may need to pause the provision of active quotes for a reasonably short period of time to adjust quote parameters in response to market conditions or operational needs.

Roughly speaking, active quotes should be provided for at least 90% of the time of a trading day for warrants and CBBCs that meet the criteria for active quotes and each pause should not exceed 10 minutes.