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Optiver leaves ASX, local trading

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skc said:
They are market makers... without them there'd be much less liquidity in the options market.
Click to expand...

That could also mean a lot fewer "surprises" around option expiry dates...
 
Probably because they couldn't stay competitive.

The court battle with Tibra for 7 years or so was settled earlier this year with cash payout from Tibra and no admission of guilt. Which means Tibra is still stealing their lunch money, but gave a little back when the teacher found out.
 
I have a friend who works at Optiver and they've been migrating to other markets for a long time now so it's a gradual decrease, probably won't be "felt" at the sudden lack of liquidity.
 
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