The RFQ Request is used by liquidity providers to indicate to the market which instruments they're interested in receiving Quote Request <35=R>s for. It can be used to register interest in receiving quote requests for a single instrument or for multiple instruments.
In tradeable and restricted tradeable quoting markets - Quote Request <35=R>s are issued by counterparties interested in ascertaining the market for an instrument. Quote Request <35=R>s are then distributed by the market to liquidity providers who make markets in the instrument.
Tag | Name | Type | Required | Description |
---|---|---|---|---|
Component | ||||
644 | String | |||
Component | Number of related symbols (instruments) in Request | |||
263 | Char Enum | Used to subscribe for Quote Requests that are sent into a market | ||
Component |