Market Maker

The market maker is a trading agent committed to maintain bid and ask orders on a regular and continuous basis at a maximum fixed spread, facilitating transactions and avoiding artificial share price movements caused by low liquidity.

In order to guarantee the best trading environment for its shares and in line with the best practices of Corporate Governance, Localiza Rent a Car S.A. hired Credit Suisse (Brasil) S.A. as its market maker and advisor in the promotion process for the liquidity of Localiza’s shares.