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MiMedia Boosts Liquidity with Market-Making Initiative
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MiMedia Boosts Liquidity with Market-Making Initiative

MiMedia Holdings Inc (TSE:MIM) has released an update.

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MiMedia Holdings Inc. has partnered with Independent Trading Group to enhance market liquidity and ensure a stable market for its shares on the TSX Venture Exchange. The agreement stipulates a monthly fee to ITG for their market-making services, with the option for either party to cancel with 30 days’ notice. ITG, an experienced market maker, will provide the necessary capital and securities for the trades without holding a direct interest in MiMedia’s securities.

For further insights into TSE:MIM stock, check out TipRanks’ Stock Analysis page.

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