-
Amsterdam’s Market Maker Optiver Joins London Metal Exchange
The London Metal Exchange (LME) has approved global market maker Optiver as a Category 4 member, giving the firm greater trading access to the exchange’s metals market. Founded in Amsterdam, Optiver provides liquidity across listed derivatives, cash equities, ETFs, bonds, and foreign currencies. As a Category 4 member, it can trade on its own account and for clients, while using a Category 1 or 2 member for clearing. The LME will confirm the date when Optiver starts trading. Optiver’s Chief Operating Officer, John Rothstein, has joined the LME’s User Committee, while Ed Sternberg, Head of Metals Trading, has ... (full story)