As two major trading venues launch request for quote (RFQ) models for equities trading, Hayley McDowell delves into the specifications of each RFQ systems, and after speaking to sceptical senior buy-siders, finds that the venues could face significant barriers to market-wide adoption.
Ahead of the anticipated launch of RFQ for equities from two major trading venues, Hayley McDowell speaks to senior buy-siders and finds out that most are very sceptical of the idea.