PMMI update
Market making for leverage products
BNP Paribas was able to slightly improve its market making quality in August compared with July and move up to a shared third place in the PMMI (Payoff Market Making Quality).
The Payoff Market Making Index measures the spread (bid ask spread), tradeable volume and quote availability of structured products offered on SIX Swiss Exchange and thus serves as a benchmark for market-making qualities of the individual issuers.
A value above 80 points is considered sufficient, values below 80 points are insufficient.
