# Achieve Superior Fills on Your Spreads with RFQ Execution ▴ Guide

**Published:** 2025-08-04
**Categories:** Guide

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![Sleek, intersecting planes, one teal, converge at a reflective central module. This visualizes an institutional digital asset derivatives Prime RFQ, enabling RFQ price discovery across liquidity pools](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-digital-asset-derivatives-rfq-engine-optimizing-institutional-liquidity-aggregation-and-best-execution.jpg)

![A sleek, metallic control mechanism with a luminous teal-accented sphere symbolizes high-fidelity execution within institutional digital asset derivatives trading. Its robust design represents Prime RFQ infrastructure enabling RFQ protocols for optimal price discovery, liquidity aggregation, and low-latency connectivity in algorithmic trading environments](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-execution-control-for-optimal-market-microstructure-precision.jpg)

## The Mandate for On-Demand Liquidity

The disciplined execution of complex trades stands as a defining characteristic of professional market engagement. At the heart of this discipline lies a mechanism designed to command liquidity on your terms. A [Request for Quote](https://prime.greeks.live/area/request-for-quote/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) ([RFQ](https://prime.greeks.live/area/rfq/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite)) is a direct and private electronic message sent to a curated group of market participants, soliciting competitive prices for a specific transaction. This process creates a unique, tradeable instrument on demand, tailored to your strategic needs.

You are broadcasting your intention to a select group of [liquidity providers](https://prime.greeks.live/area/liquidity-providers/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) who then respond with firm bids and offers, creating a competitive auction for your order. This approach allows for efficient [price discovery](https://prime.greeks.live/area/price-discovery/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) and can generate interest on a specific option strike when prevailing liquidity appears low.

Mastering this tool begins with understanding its core function as a conduit to deeper liquidity pools. When you initiate an RFQ for a multi-leg options strategy, you are asking for a single, unified price for the entire package. This method transforms a potentially fragmented execution process into a single, decisive action. The result is a transaction where the [entire spread](https://prime.greeks.live/question/how-can-a-single-inaccurate-trade-report-jeopardize-the-entire-financial-system/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) is executed as one instrument, which addresses the challenges of leg risk.

The process is built upon a foundation of anonymity and structural transparency. You can solicit quotes for substantial orders without revealing your hand to the broader market, a critical component for managing large positions effectively. This capacity to engage liquidity providers directly creates a focused and efficient environment for price discovery.

> An RFQ platform allows an execution trader the ability to solicit quotes from multiple liquidity providers while also maintaining the anonymity that is desired when working a large order.

The system is engineered for precision. You can construct and request prices on highly customized strategies across a universe of asset classes. Consider a scenario where you wish to establish a bullish stance on a particular commodity using a [call spread](https://prime.greeks.live/area/call-spread/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite). You would construct the specific spread within your trading interface and submit the RFQ.

In response, dedicated [market makers](https://prime.greeks.live/area/market-makers/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) provide live, actionable prices. You possess the full discretion to execute at these prices, counter with your own price, or take no action at all. This dynamic grants you a powerful degree of control over your execution, establishing a direct line to market makers prepared to compete for your order flow.

![A precision sphere, an Execution Management System EMS, probes a Digital Asset Liquidity Pool. This signifies High-Fidelity Execution via Smart Order Routing for institutional-grade digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/principal-rfq-engine-orchestrating-global-digital-asset-derivatives-liquidity-pool-price-discovery-and-high-fidelity-execution.jpg)

![A sleek, illuminated control knob emerges from a robust, metallic base, representing a Prime RFQ interface for institutional digital asset derivatives. Its glowing bands signify real-time analytics and high-fidelity execution of RFQ protocols, enabling optimal price discovery and capital efficiency in dark pools for block trades](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-system-for-optimal-execution.jpg)

## The Execution of Strategic Intent

Translating market perspective into profitable positions requires a set of precise, actionable strategies. The RFQ system is the conduit for deploying these strategies with an institutional grade of precision. It moves the trader from a passive role of accepting screen prices to a proactive position of sourcing superior fills. This section details the practical application of RFQ for specific trading outcomes, from standard spreads to complex, multi-leg structures and large-scale block trades.

![A sleek, modular institutional grade system with glowing teal conduits represents advanced RFQ protocol pathways. This illustrates high-fidelity execution for digital asset derivatives, facilitating private quotation and efficient liquidity aggregation](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-ecosystem-powering-high-fidelity-rfq-execution-and-optimal-liquidity-discovery.jpg)

## Calibrating Standard Spreads for Superior Entry

The vertical spread is a foundational structure in options trading. Using an RFQ to execute these trades can materially improve your cost basis. The process involves soliciting quotes for a vertical spread on a chosen underlying, such as an ETF. The platform then gathers bids and offers from [multiple liquidity providers](https://prime.greeks.live/question/how-does-the-fix-protocol-facilitate-the-complex-workflow-between-an-ems-and-multiple-liquidity-providers/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) for the entire spread as a single unit.

This competition frequently results in a fill price that is better than the national best bid/offer (NBBO) displayed on public exchanges. It also allows for execution at a size significantly greater than what is typically shown on the quote screen.

For instance, a trader looking to implement a put spread would define the two strike prices and the desired size. The RFQ is then sent to a select group of market makers. These professional traders respond with a single price for the spread.

This process cultivates a competitive pricing environment that directly benefits the trader initiating the request. The final execution is a single transaction, securing the entire position at a favorable, negotiated price point.

![A high-precision, dark metallic circular mechanism, representing an institutional-grade RFQ engine. Illuminated segments denote dynamic price discovery and multi-leg spread execution](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-execution-engine-7.jpg)

## Deploying Complex Structures with Precision

Advanced options strategies involve multiple legs and require coordinated execution to be effective. The RFQ mechanism is purpose-built for such complexity, allowing traders to manage risk and maximize opportunities by combining multiple positions into a single trade. These structures are used to capture specific market movements, hedge existing positions, and optimize the risk-reward profile of a portfolio. The RFQ process simplifies the operational challenge of executing these trades.

A variety of sophisticated strategies become more accessible and efficient through this execution method.

- A Straddle involves buying both a call and a put option at the same strike price and expiration. This strategy is designed to profit from a significant price move in either direction. An RFQ ensures both legs are priced and executed simultaneously as a single package.

- A Strangle is similar, involving the purchase of an out-of-the-money call and an out-of-the-money put. This structure is also a bet on high volatility and an RFQ allows for a precise entry price on the combined position.

- A Call Spread involves buying a call option at one strike and selling another call at a higher strike, both with the same expiration. This is a directional bet with defined risk, and an RFQ helps secure a competitive price for the entire spread.

- A Put Spread is the inverse of a call spread, used to express a bearish view with defined risk. An RFQ provides a single entry point for the two-legged structure.

![Abstract geometric forms converge at a central point, symbolizing institutional digital asset derivatives trading. This depicts RFQ protocol aggregation and price discovery across diverse liquidity pools, ensuring high-fidelity execution](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-execution-microstructure-core-liquidity-hub.jpg)

## Executing Block Trades with Minimal Market Impact

Executing large orders in a single stock or ETF presents a significant challenge. Breaking up a large order and feeding it into the public market can alert other participants to your intentions, leading to adverse price movement and [slippage](https://prime.greeks.live/area/slippage/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite). RFQ systems offer a direct path to executing block-sized liquidity while protecting your anonymity and minimizing market impact. Institutional investors increasingly use RFQ to connect with liquidity providers for executing larger trades off-chain, which ensures price stability.

This method is particularly effective for assets that may appear to have thin liquidity on lit exchanges. The data shows that RFQ trading provides immediate access to significantly larger amounts of liquidity.

The process for executing a block trade via RFQ is systematic and grants the trader complete authority over the negotiation.

| Step | Action | Strategic Outcome |
| --- | --- | --- |
| 1 | Define Order | The trader specifies the exact instrument and the full block size of the intended trade. |
| 2 | Select Counterparties | A curated list of three to five competitive liquidity providers is chosen for the request. |
| 3 | Initiate RFQ | The system sends an anonymous, electronic request for a two-way market to the selected counterparties. |
| 4 | Evaluate Responses | The trader receives and analyzes firm, competing bids and offers from the market makers in real-time. |
| 5 | Execute | The trader selects the best price and executes the entire block trade in a single, private transaction. |

![A sleek, high-fidelity beige device with reflective black elements and a control point, set against a dynamic green-to-blue gradient sphere. This abstract representation symbolizes institutional-grade RFQ protocols for digital asset derivatives, ensuring high-fidelity execution and price discovery within market microstructure, powered by an intelligence layer for alpha generation and capital efficiency](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-institutional-digital-asset-derivatives-rfq-execution-terminal-system.jpg)

![Precision-engineered modular components, with transparent elements and metallic conduits, depict a robust RFQ Protocol engine. This architecture facilitates high-fidelity execution for institutional digital asset derivatives, enabling efficient liquidity aggregation and atomic settlement within market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-engine-optimizing-high-fidelity-execution-and-liquidity-aggregation.jpg)

## The Systematization of Alpha

Mastery in trading is achieved when powerful tools are integrated into a coherent, repeatable process. Advancing beyond individual trade execution to a portfolio-level strategy is what separates the dedicated practitioner from the crowd. The RFQ mechanism is a cornerstone of this advancement, offering a systematic way to manage risk, enhance operational efficiency, and access liquidity across a spectrum of market conditions. It is a system for engineering better outcomes across an entire portfolio.

![A sleek, black and beige institutional-grade device, featuring a prominent optical lens for real-time market microstructure analysis and an open modular port. This RFQ protocol engine facilitates high-fidelity execution of multi-leg spreads, optimizing price discovery for digital asset derivatives and accessing latent liquidity](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-execution-engine-for-high-fidelity-price-discovery-and-latent-liquidity-aggregation-across-multi-leg-spreads.jpg)

## Integrating RFQ into Your Portfolio Workflow

Institutional asset managers have embraced RFQ platforms for their transformative impact on workflow. The evolution from fixed income to equities and ETFs was driven by the major strategic gains from automating and streamlining large trades. For the ambitious individual trader, these same efficiencies are available.

Integrating RFQ into your regular process means that rebalancing, hedging, or deploying new strategies across the portfolio becomes a more fluid and precise operation. The system provides for straight-through processing, which means trades flow from execution to settlement without manual intervention, alleviating operational risk.

This automation provides a critical resource ▴ time. With the mechanical aspects of execution handled, a trader’s focus can remain on strategic decisions. The system automatically logs a complete audit trail for every trade, providing granular pre-trade price transparency and post-trade analysis. This data-rich environment supports a continuous process of refinement, allowing you to review which counterparties consistently provide the best pricing for your specific needs.

![Abstract visual representing an advanced RFQ system for institutional digital asset derivatives. It depicts a central principal platform orchestrating algorithmic execution across diverse liquidity pools, facilitating precise market microstructure interactions for best execution and potential atomic settlement](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-platform-institutional-digital-asset-derivatives-ecosystem.jpg)

## Advanced Applications in Illiquid Markets

The true power of a trading tool is often revealed in the most challenging market environments. RFQ excels in sourcing liquidity for instruments that are not traded frequently. For many ETFs or corporate bonds, on-screen quotes can be wide or non-existent.

An RFQ directly engages the market makers who specialize in these instruments, compelling them to provide a firm price. This transforms the RFQ from a simple execution tool into a primary engine for price discovery.

> Research into RFQ markets has led to the development of new pricing concepts, such as a Fair Transfer Price, which can be used to value securities more accurately, even when the market is relatively illiquid.

This capability is profoundly important for portfolio valuation and risk management. Instead of relying on stale or indicative prices for less liquid holdings, you can use the RFQ system to get a live, actionable quote. This provides a far more accurate mark-to-market valuation. This proactive approach to pricing illiquid assets is a hallmark of sophisticated portfolio management, offering a clear view of your positions and risks at all times.

![Central mechanical hub with concentric rings and gear teeth, extending into multi-colored radial arms. This symbolizes an institutional-grade Prime RFQ driving RFQ protocol price discovery for digital asset derivatives, ensuring high-fidelity execution across liquidity pools within market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/precision-institutional-digital-asset-derivatives-rfq-protocol.jpg)

## The Strategic Management of Information and Counterparties

The final layer of mastery involves understanding the strategic nuances of the RFQ process itself. While the system allows you to request quotes from many providers, there is a skill in selecting the right number and type of counterparties for each trade. Sending a request to too many participants risks information leakage, which could adversely affect your execution. The general recommendation is to keep requests competitive among a group of three to five brokers.

Developing a sense of which market makers are most competitive in which products is a form of proprietary knowledge. Over time, the data from your trades will reveal patterns. Some firms may offer the tightest spreads in broad-market ETFs, while others may specialize in sector-specific or international products.

By tracking this performance, you can optimize your counterparty selection for every trade, creating a persistent edge in your execution. This is the art and science of [liquidity sourcing](https://prime.greeks.live/area/liquidity-sourcing/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite), a discipline that turns a powerful tool into a systematic generator of superior fills.

![Two sharp, intersecting blades, one white, one blue, represent precise RFQ protocols and high-fidelity execution within complex market microstructure. Behind them, translucent wavy forms signify dynamic liquidity pools, multi-leg spreads, and volatility surfaces](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-optimized-liquidity-aggregation-principal-prime-os-intelligence-layer.jpg)

## Your New Market Perspective

You now possess the framework for a fundamental shift in your market operations. This knowledge moves you from being a recipient of market prices to a director of your own execution. The strategies and systems detailed here are the building blocks of a more professional, controlled, and effective trading enterprise.

The path forward is one of continuous application and refinement, where each trade becomes an opportunity to sharpen your edge. Your engagement with the market is now defined by a proactive, strategic, and commanding posture.

![A central glowing teal mechanism, an RFQ engine core, integrates two distinct pipelines, representing diverse liquidity pools for institutional digital asset derivatives. This visualizes high-fidelity execution within market microstructure, enabling atomic settlement and price discovery for Bitcoin options and Ethereum futures via private quotation](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-engine-microstructure-3.jpg)

## Glossary

<a href="https://prime.greeks.live/area/request-for-quote/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A complex sphere, split blue implied volatility surface and white, balances on a beam. A transparent sphere acts as fulcrum](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-balancing-liquidity.jpg)

## Request for Quote

Meaning ▴ A Request for Quote, or RFQ, constitutes a formal communication initiated by a potential buyer or seller to solicit price quotations for a specified financial instrument or block of instruments from one or more liquidity providers. </a><a href="https://prime.greeks.live/area/rfq/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Abstract structure combines opaque curved components with translucent blue blades, a Prime RFQ for institutional digital asset derivatives. It represents market microstructure optimization, high-fidelity execution of multi-leg spreads via RFQ protocols, ensuring best execution and capital efficiency across liquidity pools](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-optimizing-market-microstructure-for-high-fidelity-execution-best-execution-price-discovery-across-liquidity-pools-and-prime-os.jpg)

## Rfq

Meaning ▴ Request for Quote (RFQ) is a structured communication protocol enabling a market participant to solicit executable price quotations for a specific instrument and quantity from a selected group of liquidity providers. </a><a href="https://prime.greeks.live/area/liquidity-providers/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A polished, dark spherical component anchors a sophisticated system architecture, flanked by a precise green data bus. This represents a high-fidelity execution engine, enabling institutional-grade RFQ protocols for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/precision-engineered-institutional-digital-asset-derivatives-rfq-core.jpg)

## Liquidity Providers

Meaning ▴ Liquidity Providers are market participants, typically institutional entities or sophisticated trading firms, that facilitate efficient market operations by continuously quoting bid and offer prices for financial instruments. </a><a href="https://prime.greeks.live/area/price-discovery/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A glowing blue module with a metallic core and extending probe is set into a pristine white surface. This symbolizes an active institutional RFQ protocol, enabling precise price discovery and high-fidelity execution for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-protocol-driving-institutional-digital-asset-derivatives-high-fidelity-execution-precise-price-discovery-for-block-trades-and-capital-efficiency.jpg)

## Price Discovery

Meaning ▴ Price discovery is the continuous, dynamic process by which the market determines the fair value of an asset through the collective interaction of supply and demand. </a><a href="https://prime.greeks.live/question/how-can-a-single-inaccurate-trade-report-jeopardize-the-entire-financial-system/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A crystalline sphere, representing aggregated price discovery and implied volatility, rests precisely on a secure execution rail. This symbolizes a Principal's high-fidelity execution within a sophisticated digital asset derivatives framework, connecting a prime brokerage gateway to a robust liquidity pipeline, ensuring atomic settlement and minimal slippage for institutional block trades](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-execution-platform-optimizing-liquidity-and-risk-management-through-advanced-protocols.jpg)

## Entire Spread

A single inaccurate trade report jeopardizes the financial system by injecting false data that cascades through automated, interconnected settlement and risk networks. </a><a href="https://prime.greeks.live/area/call-spread/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Two sleek, abstract forms, one dark, one light, are precisely stacked, symbolizing a multi-layered institutional trading system. This embodies sophisticated RFQ protocols, high-fidelity execution, and optimal liquidity aggregation for digital asset derivatives, ensuring robust market microstructure and capital efficiency within a Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/07/institutional-grade-digital-asset-derivatives-platform-architecture-high-fidelity-execution-protocols-and-liquidity-aggregation.jpg)

## Call Spread

Meaning ▴ A Call Spread defines a vertical options strategy where an investor simultaneously acquires a call option at a lower strike price and sells a call option at a higher strike price, both sharing the same underlying asset and expiration date. </a><a href="https://prime.greeks.live/area/market-makers/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A layered, spherical structure reveals an inner metallic ring with intricate patterns, symbolizing market microstructure and RFQ protocol logic. A central teal dome represents a deep liquidity pool and precise price discovery, encased within robust institutional-grade infrastructure for high-fidelity execution](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-prime-os-orchestrating-rfq-protocols-for-high-fidelity-execution-and-multi-asset-liquidity.jpg)

## Market Makers

Meaning ▴ Market Makers are financial entities that provide liquidity to a market by continuously quoting both a bid price (to buy) and an ask price (to sell) for a given financial instrument. </a><a href="https://prime.greeks.live/question/how-does-the-fix-protocol-facilitate-the-complex-workflow-between-an-ems-and-multiple-liquidity-providers/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Abstract visualization of institutional digital asset derivatives. Intersecting planes illustrate 'RFQ protocol' pathways, enabling 'price discovery' within 'market microstructure'](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-rfq-execution-liquidity-pool-market-microstructure-protocol.jpg)

## Multiple Liquidity Providers

The FIX protocol provides a universal messaging standard that enables an EMS to systematically manage order flow and aggregate liquidity from diverse providers. </a><a href="https://prime.greeks.live/area/slippage/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Intersecting metallic structures symbolize RFQ protocol pathways for institutional digital asset derivatives. They represent high-fidelity execution of multi-leg spreads across diverse liquidity pools](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-framework-optimizing-multi-leg-spreads-and-liquidity-aggregation-for-best-execution.jpg)

## Slippage

Meaning ▴ Slippage denotes the variance between an order's expected execution price and its actual execution price. </a><a href="https://prime.greeks.live/area/liquidity-sourcing/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A sophisticated dark-hued institutional-grade digital asset derivatives platform interface, featuring a glowing aperture symbolizing active RFQ price discovery and high-fidelity execution. The integrated intelligence layer facilitates atomic settlement and multi-leg spread processing, optimizing market microstructure for prime brokerage operations and capital efficiency](https://options.greeks.live/wp-content/uploads/2025/07/institutional-crypto-derivatives-rfq-engine-intelligence-layer.jpg)

## Liquidity Sourcing

Meaning ▴ Liquidity Sourcing refers to the systematic process of identifying, accessing, and aggregating available trading interest across diverse market venues to facilitate optimal execution of financial transactions. </a>

**Tags:** [Transaction Cost Analysis](https://options.greeks.live/area/transaction-cost-analysis/), [Slippage](https://options.greeks.live/area/slippage/), [Market Makers](https://options.greeks.live/area/market-makers/), [Multi-Leg Strategies](https://options.greeks.live/area/multi-leg-strategies/), [Price Discovery](https://options.greeks.live/area/price-discovery/), [Best Execution](https://options.greeks.live/area/best-execution/)	

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- 
### [Execute like an Institution a Trader’s Guide to Off-Book Liquidity](https://options.greeks.live/guide/execute-like-an-institution-a-traders-guide-to-off-book-liquidity/)
![A sleek, multi-component device in dark blue and beige, symbolizing an advanced institutional digital asset derivatives platform. The central sphere denotes a robust liquidity pool for aggregated inquiry. An angled module represents a precise RFQ protocol interface, ensuring high-fidelity execution, best execution, and optimal capital efficiency within the Prime RFQ.](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-execution-platform-system.jpg)

Execute large trades with minimal market impact. This is your guide to the institutional world of off-book liquidity.

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---

**Original URL:** https://options.greeks.live/guide/achieve-superior-fills-on-your-spreads-with-rfq-execution/
