How Do RFQ Platforms Prevent Information Leakage about the Trade Size?

RFQ platforms prevent leakage by only revealing the request to a select group of Liquidity Providers (LPs) and keeping the process confidential. Crucially, the platform often only reveals the side (buy/sell) and size to the LPs who are quoting, but this information is not broadcast to the public market or other participants.

The quotes received are private to the initiator.