IM Skaugen is terminating a four and half year old market maker agreement with SEB.

The market make agreement which stems from May 2011 was designed to provide better liquidity for smaller shareholders, allowing them to but and sell in smaller lots.

With decision to terminate the agreement with SEB obligations under it will be performed until 29 February 2016.

“We are in a process of evaluating if such liquidity arrangements has had and will have the desired effect to warrant the additional cost for the company,” IM Skaugen said.