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Exchange8:RFQ — quote-driven FX trading

The quote-driven trading service: the Request-For-Quote engine for FX — clients broadcast an RFQ (pair, side, qty, tenor), all entitled liquidity providers respond with two-way prices inside a bounded quote window, and the client executes against a firm quote.

Use cases​

  • RFQ lifecycle — broadcast → LP responses → execution inside the window; quotes expire deterministically.
  • LP entitlements — which liquidity providers see which pairs is a live authorization decision (Shield), not a config file.
  • Execution records — every quote and trade persists with the full response set — audit-grade record-keeping for OTC FX.

Full documentation​

The complete detail lives in this product's sub-pages:

  • Architecture (DDD) — the full document, harvested from the unit's repository at build time.
  • Business rules (BRD) — the full document, harvested from the unit's repository at build time.
  • Security — the full document, harvested from the unit's repository at build time.
  • Overview (repo README) — the maintainer's README in the consolidated reference section.