| The National Stock Exchange of India (NSE) has started incentives for market makers to boost liquidity in exchange-traded funds (ETFs) listed on it. The exchange has started a liquidity enchancement scheme. The incentives will be computed and settled on a monthly basis. One condition is that participants should provide quotes within specified limits for 80 per cent of the trading time, for 80 per cent of the trading days in a month.
The scheme began on September 15 and is open till March 31, 2016. (An ETF is a marketable security that tracks an index, a commodity, bonds, or a basket of assets. Unlike mutual funds, an ETF trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold.)..............................................Full Article: Source
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