Reactive Markets Adds RFQ
Posted by Colin Lambert. Last updated: November 23, 2023
Reactive Markets has announced the addition of request-for-quote functionality to its platform, the new trading style is available across all channels (API/GUI/mobile) and workflows, including upload and order staging functionality.
The firm, which boasts 30-plus LPs in FX across spot, forwards, swaps, NDFs and metals, for its Switchboard platform, added allocations to its service earlier this year.
“Our commitment to clients has always been to deliver the most cost effective, technology driven trading experience across all FX products and protocols,” says Henry Durrant, head of business development at Reactive Markets in a social media post. “With the addition of RFQ and order staging functionality we provide the largest institutional clients with a technology solution that seamlessly plugs into any existing upstream and downstream trading processes.
“Traditionally clients have been beholden to a lack of execution flexibility ultimately leading to higher costs of execution,” he adds. “Our solution changes this giving users complete discretion over the order staging and routing process, leveraging any protocol to achieve best execution across ESP, RFQ and algo.”