What Is the Role of a Low-Latency Market Data Feed in Crypto RFQ Provision?

Low-latency data feeds are crucial for competitive pricing and minimizing adverse selection. They provide the most current bid/ask prices and depth across various venues.

Quoting engines rely on this speed to calculate fair value and update quotes before market movements render them stale. Fast data acquisition allows for rapid hedging of executed RFQ trades.

This speed directly impacts the provider's profitability.