Monday, May 27, 2024

Request for Market (RFM)

Request for Market (RFM) is a request for a quote in which the client does not disclose the direction of the desired trade (buy or sell).

RFM is a request to see a two-way or “market” quote rather than a one-sided quote.

RFM, also known as “two-way pricing,” involves a company asking for the price to pay and the price to receive for a given instrument, rather than just one price as is typically the case in a request for quotation (RFQ).

If you want to learn more foreign exchange trading knowledge, please click: Trading Education.

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