Prospect Markets (OTCQB: MKTSF, TSXV: MKT) has engaged Independent Trading Group (ITG) as a market maker under TSX Venture Exchange policies. ITG will trade Prospect Markets’ shares across venues to help maintain a reasonable market and support liquidity.
The agreement pays ITG CAD$5,500 per month, has an initial one-month term, and automatically renews for one-month periods unless terminated with 30 days’ notice. ITG receives no shares, options, or performance-based compensation, is at arm’s length, and has no interest in the company’s securities. The engagement remains subject to TSXV approval.
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Vancouver, British Columbia–(Newsfile Corp. – June 15, 2026) – Prospect Prediction Markets Inc. (TSXV: MKT) (OTCQB: MKTSF) (FSE: DEP) (“Prospect Markets” or the “Company“) announces that it has engaged the services of Independent Trading Group (“ITG”) to provide market-making services in accordance with TSX Venture Exchange (“TSXV”) policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company’s common shares.
Under the agreement, ITG will receive compensation of CAD$5,500, payable monthly in advance. The agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days’ notice. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.
No stock options or other compensation are being granted in connection with this engagement. ITG is at arm’s length to the company. The company’s engagement of ITG remains subject to the approval of the TSX Venture Exchange.
About Independent Trading Group
Independent Trading Group (ITG) Inc. is a Toronto based CIRO dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.
About Prospect Markets
Prospect Markets is the prediction market platform built natively for sports. From the world’s largest leagues to niche competitions, Prospect turns every sports moment into a tradable market. Fans trade peer-to-peer on outcomes using real-time data from our second-screen experience which transforms passive viewership into active market participation.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, including statements regarding: the engagement of Independent Trading Group to provide market-making services; the anticipated benefits of the market-making arrangement, including improved liquidity and maintenance of a reasonable market for the Company’s common shares; the receipt of regulatory approval for the engagement; and the Company’s broader capital markets objectives.
Forward-looking information is subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to: the anticipated benefits of the market-making arrangement may not be realized; there is no assurance that market-making activities will result in improved liquidity or narrower bid-ask spreads on any of the exchanges where the Company’s shares trade; the Company may not receive TSX Venture Exchange approval for the engagement on the anticipated timeline or at all; changes in market conditions; the Company’s ability to execute its business strategy; regulatory developments relating to prediction markets, gaming, and digital assets; competition from established and emerging platforms; market acceptance and user adoption; the availability of financing; technological risks including cybersecurity; and other risk factors described in the Company’s continuous disclosure filings available on SEDAR+ at www.sedarplus.ca.
Readers are cautioned not to place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise forward-looking information, except as required by applicable securities laws. All forward-looking information in this press release is made as of the date hereof and is based on the beliefs, estimates, and opinions of management as of the date such statements are made.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301290
FAQ
What did Prospect Markets (OTCQB: MKTSF) announce about a new market maker on June 15, 2026?
Prospect Markets announced it engaged Independent Trading Group as a market maker to trade its shares and help maintain a reasonable market. According to the company, ITG will operate under TSX Venture Exchange policies across all trading venues.
How is Independent Trading Group being compensated for market-making in Prospect Markets (MKTSF) shares?
Independent Trading Group will receive CAD$5,500 per month, paid in advance, for providing market-making services to Prospect Markets. According to the company, ITG will not receive any shares, stock options, or performance-based compensation under this agreement.
What are the key terms of Prospect Markets’ market-making agreement with ITG for MKTSF stock?
The agreement has an initial one-month term and automatically renews for additional one-month periods unless terminated. According to Prospect Markets, either party may terminate with 30 days’ notice, and the engagement remains subject to TSX Venture Exchange approval.
Does the Prospect Markets (MKTSF) market-making deal with ITG involve any stock options or equity grants?
No, the engagement does not include stock options or other equity compensation. According to Prospect Markets, ITG’s compensation is limited to a monthly cash payment of CAD$5,500 for its market-making services.
