Qatar Financial Markets Authority Board Decision No. 3/2012

Liquidity Provider Rules

Article 1 - Definitions

The following terms shall have the meaning ascribed to the term as set out bellow, unless the context indicates otherwise:

Liquidity Provider Activity - an activity to enhance the market liquidity of Admitted Securities by appointing one or more Liquidity Providers that agree to provide quotes in one or more Admitted Securities in a manner specified in a Liquidity Provider Agreement.

Liquidity Provider - an Exchange member financial services company licensed to exercise Liquidity Provider Activity.

Liquidity Provider Rules - the rules and conditions adopted by the Authority which a Liquidity Provider shall act as such.

Liquidity Provider Agreement -an agreement entered into between an Exchange and a Liquidity Provider setting forth the terms and conditions under which the Liquidity Provider shall act as such.

Liquidity Provision Agreement - an agreement entered into between a Liquidity Provider and an issuer setting forth the terms and conditions under which the Liquidity Provider shall act as such in respect of the Issuer will improve shares cash.

Article 2