What is RFQ / Quick Trade?
RFQ (Request for Quote) and Quick Trade are trading mechanisms used primarily in over-the-counter (OTC) and institutional markets:
RFQ: A process where a trader requests a price quote from liquidity providers or market makers for a specific asset or trading pair. The trader can then choose to execute the trade at the quoted price.
Quick Trade: A streamlined trading method where the trader instantly executes a trade at the best available price without manually requesting quotes, often used for high-speed or high-volume trading.
Both methods enhance efficiency, with RFQ offering price transparency and Quick Trade prioritizing speed.
RFQ: A process where a trader requests a price quote from liquidity providers or market makers for a specific asset or trading pair. The trader can then choose to execute the trade at the quoted price.
Quick Trade: A streamlined trading method where the trader instantly executes a trade at the best available price without manually requesting quotes, often used for high-speed or high-volume trading.
Both methods enhance efficiency, with RFQ offering price transparency and Quick Trade prioritizing speed.
Updated on: 10/03/2025
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