Market maker Optiver has joined SIX Swiss Exchange’s ETF Quote on Demand (QOD) as a liquidity provider.
Pasquale Capasso
The addition makes Optiver the seventh provider to join the service, and marks a further expansion of the service, initially launched in 2020 to increase ETF trading on the exchange.
David Andrew Smith, head of ETF sales at SIX Swiss Exchange, said: “I’m delighted to see Optiver become our seventh liquidity provider in ETF QOD, as we are continuously looking to improve the trading conditions on our market for our participants and grow our service offering.”
Specifically, the ETF QOD service enables institutional investors to execute orders through a bidding process through direct links with registered liquidity providers, as well as gain potential price improvements compared to existing order services.
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Currently, the exchange’s ETF QOD offering provides access to more than 6,800 ETFs and ETPs to allow for trading across major European markets such as the London Stock Exchange, Euronext and Borsa Italiana.
Similarly, Optiver offers market making in 695 passive and six active ETFs listed at SIX Swiss Exchange.
“By joining the QOD platform of SIX Swiss Exchange, Optiver strengthens its ability to provide competitive and reliable ETF liquidity to institutional counterparties in Switzerland,” said Pasquale Capasso, ETF institutional sales at Optiver.
“This step reflects our commitment to enhancing transparency, improving execution quality, and supporting the continued growth of the Swiss ETF market.”
Optiver’s addition follows news in June 2025 that Societe Generale had also joined the QOD solution as the sixth liquidity provider on the service.
The move also marks further developments for Optiver this year, with the firm announcing in April that it had moved to convert into a systematic internaliser (SI), allowing the business to expand the number of stocks it can offer up liquidity for.