Market making for leverage products

After a turbulent April, the markets calmed down again in May. BNP Paribas was once again able to improve its market making quality compared to the previous month, but still lost one place in the PMMI (Payoff Market Making Index) for leverage products.

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.