On Mar. 26, 2025, HUN EXC published updated detailed rules and regulations of market making activity and market making agreement on main market, change track version.
The updated rules and regulations will all now enter into full force from May 1, 2025.
On May 3, HUN EXC issued market making rules for regulated market.
HUN EXC issued market making regulation -regulated market (Resolution 451/2017 CEO of HUN EXC) that determine HUN EXC's immediate and derivative market.
The updated consolidated text integrated the amendments as per Resolution 67/2018, 82/2019, 371/2019, 392/2019, 394/2019, 153/2020 147/2020 and 54/2021.
Regulations
Set out MIC: XBUD market, terms and conditions of quotation activity, obligation to enter into agreement, special circumstances of quotation, penalties for not complying.
Apply to Exchange Members and Exchange, in relation to Exchange quoting activity.
Effectiveness
Regulations enter into force on May 3, 2021.
Apr. 2022 Updated Rules
On Apr. 29, 2022, HUN EXC issued updated text of resolution 451/2017 of the CEO.
The updated consolidated text integrated the amendments as per resolution 67/2018, 82/2019, 371/2019, 392/2019, 394/2019, 153/2020 147/2020, 54/2021, 126/2022.
Updated resolution enters into force on May 2, 2022.
Integrated were the amendments due to CEO's resolutions 67/2018, 82/2019, 371/2019, 392/2019, 394/2019, 153/2020,147/2020, 54/2021, 126/2022, 104/2023.
The new consolidated version of resolution 451/2017 will apply from May 2, 2023.
Nov. 2023 Consolidated Text
On Nov. 23, 2023, HUN EXC published consolidated text of res 451/2017 of its CEO.
Consolidated text integrates amendments as per res 67/2018, 82/2019, 371/2019, 392/2019, 394/2019,153/2020, 147/2020, 54/2021, 126/2022, 104/2023, 332/2023.
The new consolidated version of resolution 451/2017 will apply from Nov. 24, 2023.
Apr. 2024 Consolidation
On Apr. 8, 2024, HUN EXC published consolidated text of res 451/2017 of its CEO.
Integrates amendments as per res 67/2018, 82/2019, 371/2019, 392/2019, 394/2019,153/2020, 147/2020, 54/2021,126/2022, 104/2023 332/2023, 90/2024.
The new consolidated version of resolution 451/2017 will apply from Apr. 8, 2024.
Apr. 16, 2024 Consolidation
On Apr. 16, 2024, HUN EXC published consolidated text of res 451/2017 of its CEO.
Integrates amendments as per res 67/2018, 82/2019, 371/2019, 371/2019, 392 /2019, 394/2019, 153/2020, 147/2020, 54/2021, 126/2022, 104/2023, 332/2023.
And also 90/2024 and 101/2024; consolidated version in force on May 2, 2024.
Nov. 2024 Updated Rules
On Nov. 25, 2024, HUN EXC issued updated text for resolution 451/2017 of the CEO.
The updated consolidated text integrated amendments as per Resolution 331/2024.
Exchange Members providing market making activity under Market Making Agreement undertake to perform and maintain bids and asks orders or quotes in accordance with the Market Making Agreement and this document, as is amended from time to time.
This document is inseparable part of the Market Making Agreement concluded by and between an Exchange Member and HUN EXC, serving as general terms and conditions.
Updated document, with changes under Resolution 331/2024, in force Nov. 26, 2024.
Mar. 2025 Updated Price Quotation Rules
On Mar. 26, 2025, HUN EXC published updated detailed rules and regulations of market making activity and market making agreement on main market, change track version.
The updated rules and regulations will all now enter into full force from May 1, 2025.
Regulators
HUN EXC
Entity Types
B/D; Corp; Exch
Reference
RF, PR 3/26/2025; RF, Res 331/2024, 11/25/2024; RF 4/16/2024; Res 451/2017 conso.; RF, 4/8/2024; Res 451/2017 conso.; RF, 11/23/2023; RF, 5/2/2023; Res 451/2017 conso; RF, 5/2/2022; RF, 4/29/2022; RF 5/3/2021; Res 451/2017
