Liquidity Boost for ETF Quote on Demand through Societe Generale

ETF Quote on Demand (QOD) is the leading on-exchange RFQ service that allows institutional investors to execute orders in a bidding process directly with registered liquidity providers – of which Societe Generale is now the sixth. The service offers price improvements compared to EBBO (European Best Bid and Offer) while benefitting from fully integrated, efficient post-trade processing.

Dimitris Mavroudis, Head ETF/ETP Products at SIX Swiss Exchange, comments: “A warm welcome to Societe Generale as our new liquidity provider in ETF QOD and a heartfelt thank you for the great collaboration. We look forward to the additional liquidity of Societe Generale that will further increase the execution performance of our trading participants.“

Ulf Mertens, Head of Linear Products Trading Europe at Societe Generale, is emphasizing the strategic partnership between Societe Generale and SIX to enhance their presence in the Swiss ETF market: “This collaboration aims to offer more efficient trading solutions for Swiss institutional clients, ultimately helping them access more liquidity.”

Societe Generale is already a market maker in 1,141 passive and 67 active ETFs among the total of 2,020 ETFs listed at SIX Swiss Exchange (per today). Discover more

ETF Quote on Demand (QOD) was launched in 2020 in order to increase ETF trading on the exchange. The service was developed in close cooperation with ETF market makers and trading participants for this segment. Discover ETF Quote on Demand

Since the start of the year, ETF QOD has gone from strength to strength, registering successive new turnover records in the first four months of the year, culminating in CHF 1.6 billion traded in April, marking a 16% increase compared to the previous record month. Current QOD statistics are available in our quarterly ETF Market Report. Subscribe for free