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Lesson 68 of 90

How does Forgd's RFQ process work?

The process follows four steps:

  1. Input preferences: Define your listing strategy, exchange targets, and engagement preferences to start a competitive bidding process.
  2. Receive proposals: Market makers submit proposals in an order book format. As bids come in, competition drives more favorable terms.
  3. Analyze quotes: Forgd's software translates complex proposals into plain text, enabling apples-to-apples comparison across providers. Review historical performance data alongside commercial terms.
  4. Secure engagements: Select your market maker(s) and transition seamlessly into Forgd's Market Maker Monitoring dashboard to track performance.

how does forgds rfq process work

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