How Does "Best Execution" Standard Apply to Institutional RFQ Trading? ⎊ Path

How Does “Best Execution” Standard Apply to Institutional RFQ Trading?

Best execution is a regulatory requirement that mandates brokers and trading venues to take all reasonable steps to obtain the most favorable result for their clients, considering price, cost, speed, and likelihood of execution. In RFQ, this means selecting the best quote from the pool of responses.

The platform must demonstrate a robust process for achieving this standard.

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