Tradeweb's RFQ US equity options platform allows traders to send multiple price requests for more control and tighter spreads.
Traders will be able to trade RFQ on the Instinet BlockMatch trading venue alongside existing continuous, non-displayed and mid-point matching.
Latest study from Liquidnet suggests a shift in sell-side relationships is threatening defacto RFQ model.
Overuse of RFQs risks information leakage epidemic in 2018.
Extension of RFQ scheme will further open up country to offshore investors.