Solutions · Market makers

Market-making platform: automated quoting, inventory risk and obligation tracking

Quote across venues, hedge on rules, and prove every obligation and rebate, on the same technology Boursa Kuwait uses for market-making surveillance.

Book a demo See resources and guides

In short

ZagTrader gives market makers automated quoting, real-time inventory and risk limits, rule-based hedging and exchange obligation monitoring in one trading stack. Boursa Kuwait's market-making surveillance and reporting run on ZagTrader technology.

Obligations tracked: Spread, presence, size and volume
Reporting: Daily P&L, violations and rebates
Quoting venues: Exchanges, MTFs, liquidity providers, internal books

What market makers get

The six things market makers ask about first.

Obligations monitored live

Quoting presence and spread tracked against each obligation, per session, with breaches flagged automatically.

See market making

Automated quoting

Spreads, depth and frequency that adjust to volatility, inventory and market conditions, across venues.

See market-making connectivity

Inventory limits and a kill switch

Real-time positions per symbol and asset class, inventory limits, exposure caps, and a desk-wide kill switch.

See risk controls

Rule-based hedging

Hedges fire on inventory, risk or cost triggers, across correlated instruments or venues.

See execution

Rebates and daily P&L

Rebates computed by ticker and date from obligations met, with daily P&L, activity and violation reports.

See reporting

Proven at an exchange

Boursa Kuwait's market-making surveillance and reporting system runs on ZagTrader technology.

See the Boursa Kuwait story

Full capability detail

Quote automation, position management and regulatory surveillance in one algorithmic trading stack.

Capability	What you get
Quoting engine	Customizable quoting logic across instruments and venues, with dynamic spreads, depth, frequency, volatility sensitivity and risk limits that respond to inventory and market conditions, built for the speed of continuous, high-frequency liquidity provision.
Multi-venue quoting	Quotes across exchanges, MTFs, liquidity providers and internal books with full smart order routing integration, whether you provide liquidity on exchanges or run OTC desks.
Inventory and position management	Real-time positions per symbol and asset class across venues, inventory limits, alerts as thresholds approach, and exposure visualized across markets and instruments.
Automated hedging	Hedges executed automatically on inventory levels, market conditions, risk triggers or execution-cost thresholds, across correlated instruments or venues with minimal slippage.
Real-time surveillance	Trade patterns, quote activity and suspicious behavior monitored, with built-in market abuse detection.
Compliance reporting	Detailed audit logs, surveillance reports and analytics for regulatory submissions.

Frequently asked questions

Can it track our exchange obligations?

Yes. Each market maker is assigned obligations such as maximum spread, presence, daily volume and order size, and compliance is tracked in real time with violations flagged automatically.

Does it calculate rebates?

Yes. Rebates are computed by ticker and date from the obligations actually met, so incentive programmes settle against the trades.

Can we quote on more than one venue?

Yes. Quotes can run across exchanges, MTFs, liquidity providers and internal books, with smart order routing and dedicated market-making FIX order flow.

Is market-making P&L kept separate?

Yes. Market making can run on a dedicated inventory account, separate from normal trading P&L and kept in step with custody.