It is announced to all GICTrade Market Maker account holders that starting November 5, 2019, several market maker provisions will be enforced. Here are the things to note regarding the Turn On and Turn Off process of Market Maker accounts:

  1. Turn On requests are submitted at the latest every Saturday at 23:59:59 WIB and will be processed on Sunday. If the submission is past these provisions, it will be processed the following week.
  2. Turn Off requests are submitted at the latest every Thursday at 23:59:59 WIB and will be processed on Friday. If the submission is past these provisions, it will be processed the following Friday. Example: Market Maker with Account No. 30010 Request Turn Off on Tuesday at 11.00 WIB, it will be processed Turn Off Complete on Friday according to the queue number sequence.
  3. In the Market Maker Account On position, then the customer makes a Withdrawal which causes the Balance to be less than 5,000 GICT, it will be Turned Off automatically and an administration fee of 50 GICT will be charged.
For further information regarding market maker provisions, please contact us via Email or Call Center.

Thus we convey this notification, thank you for your attention and cooperation.

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