List of Flash News about Bitcoin RFQ
| Time | Details |
|---|---|
| 08:22 |
Greeks.Live RFQ Market Maker 61 bps Tighter Than Order Book on 25 BTC ($2.29M) Block, Saving $2,796 in Slippage - BTC Liquidity Takeaways
According to @GreeksLive, an RFQ market maker priced a 25 BTC block at $2.29M notional with a quote 61 bps tighter than the visible order book, saving the client $2,796.07 in slippage compared with sweeping the book (source: @GreeksLive). The execution was significantly better than the screen mid, highlighting price improvement from RFQ-based liquidity versus lit order books for this trade size (source: @GreeksLive). For traders handling similar BTC block sizes, RFQ workflows can reduce execution costs and implementation shortfall by securing negotiated quotes instead of crossing spreads on the book (source: @GreeksLive). |