European asset manager Amundi has entered into a strategic ETF Market Making agreement with Jane Street, a leading global market maker, to enhance liquidity across Amundi’s extensive ETF listings.
Officially launched on October 14, 2024, this partnership aims to boost the stock market liquidity of over 150 Amundi ETF listings, reinforcing the firm’s commitment to delivering efficient, cost-effective access to its investment products.
This collaboration is expected to benefit all investors by improving price stability and market access for Amundi’s ETF range. As market conditions evolve, the enhanced liquidity provided through Jane Street’s expertise will play a vital role in supporting Amundi’s growth in the ETF sector, making it easier for investors to buy and sell ETFs at more consistent prices.
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Benoit Sorel, head of ETF, Index and Smart Beta at Amundi, said: “This partnership with Jane Street illustrates our commitment to continuously improve the quality and liquidity of our ETFs in order to best serve our clients. Together, we are enhancing market efficiency and transparency, while pursuing our mission to offer the best investment tools.”
Slawomir Rzeszotko, head of institutional sales and trading in Europe and Asia at Jane Street, said: “Jane Street is invested in the long-term development of the ETF ecosystem, and we are continually looking for new ways to support clients and other key players in the space. We are excited to partner with Amundi to help enhance the liquidity of their ETF range, as we strive towards helping ensure the industry is operating as efficiently as possible.”
