NEO Listings

ENTREPRENEURIAL SPIRIT: YOU’VE GOT IT, WE GET IT

Issuer Performance Program

Aequitas NEO Exchange Designated Market Makers (DMMs) are focused on ensuring fair and orderly markets and maintaining reasonable price continuity and liquidity – an important service that shouldn’t be overlooked by issuers.

In an effort to help issuers establish a relationship with their DMM and facilitate the sharing of information the Aequitas NEO Exchange has designed an Issuer Performance Program (IPP) that allows NEO-listed issuers to:

  • Participate in the selection of their DMM to encourage a long-term partnership
  • Provide a financial incentive to their DMM to perform at a higher tier than required

How does the Issuer Performance Program work?

During the first year of your listing, your market maker is expected to meet the liquidity obligations in Tier 3 for your security.

After the first year of listing, the market maker obligation tier will be based on the securities median daily traded value for the past quarter.