Optiver Joins SIX Swiss Exchange as Liquidity Provider for ETF Quote on Demand

Optiver has become the seventh liquidity provider for SIX Swiss Exchange's ETF Quote on Demand (QOD) platform, enhancing trading conditions for institutional investors. The QOD service, a leading on-exchange Request for Quote (RFQ) solution, allows participants to execute orders through a competitive bidding process with registered liquidity providers.

SIX Swiss Exchange, celebrating 25 years as an ETF pioneer, solidifies its position as one of Europe's top three ETF trading venues with this innovation. The addition of Optiver boosts the platform's attractiveness by offering potential price improvements and streamlined post-trade processing.

David Andrew Smith, Head of ETF Sales at SIX, welcomed Optiver's participation as part of ongoing efforts to improve market conditions. Pasquale Capasso of Optiver highlighted the MOVE as strengthening their ability to deliver competitive ETF liquidity to Swiss institutional clients.