The Bank of Uganda has awarded Standard Chartered Bank, the Best Performing Primary Dealer Market Maker (PDDM)of the year for the year ending September 2023. The Primary Dealer Market Makers system was launched in 2005 to enhance the government securities market by improving liquidity, pricing efficiency, and secondary market trading activity. There are 08 banks playing this role. They are Absa, Centenary, Citi, dfcu, Equity, Housing Finance, Stanbic and Standard Chartered Bank. Citibank and Equity are the latest entrants to the PDMM system. To arrive at the best dealer, the Central Bank’s performance criteria focused on posting two-way pricing…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
