OREANDA-NEWS. Arco Vara AS concluded a market making agreement with AS LHV Pank. The Agreement will enter into force on 1 September, 2016 and the main terms of the agreement are the following: 

·         term of the Agreement – 1 year, i.e until 31.08.2017

·         maximum spread – maximum spread between bid and ask order is 4% calculated from the bid price

·         trading period - LHV shall ensure that the buy and sell orders shall be placed in accordance with the terms and conditions of this Agreement at least within 85% of the time of trading hours at Main List of Nasdaq Tallinn Stock Exchange

·         minimum daily order size - The minimum volume of buy or sell orders shall be EUR 2000

·         maximum volume - The maximum monetary volume of the transactions executed by LHV under this Agreement per each trading day at Nasdaq Tallinn shall be EUR 10 000.