Overview:
Direct Edge will introduce a Market Making program on both EDGA and EDGX Exchanges, pending Securities and Exchange Commission (SEC) approval.
How to Register:
Follow the steps below to become an Exchange Market Maker on EDGA and/or EDGX:
- Complete and submit the EDGA Exchange, Inc. and EDGX Exchange, Inc. Market Maker Registration Application to Direct Edge Member Services.
- Complete and submit your most recent FOCUS report, and most recent annual audited financial statements to Direct Edge Member Services.
- Update FINRA’s Web CRD® for registration of at least one Market Maker Authorized Trader (MMAT). Maintain a current list of MMATs who are permitted to enter orders on behalf of the Applicant and provide continuous updates to the MMAT list on FINRA’s Web CRD® system pursuant to Exchange Rule 11.21(a)(4).
Additional Resources:
- Market Maker FAQs
- Market Maker Registration Application
- EDGA Exchange Rule Filing
- EDGX Exchange Rule Filing
- Market Maker page on the Direct Edge website
- Contact Member Services at 201.942.8220, option #3 or your Direct Edge Sales Representative at 201.942.8259
