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TL;DR
Zug, Switzerland - 10 April 2025 — FinchTrade is excited to announce that it now supports the Request for Quote (RFQ) trading mode in addition to streaming real-time prices. It allows institutional clients to request and receive competitive pricing for large-volume crypto trades in real time.
This new functionality complements FinchTrade’s existing firm liquidity offering and is now available for all its clients. The launch introduces a more flexible and customisable procurement process, unlocking access to exchange rates fixed for several seconds and tighter spreads without sacrificing execution speed or reliability.
While Firm Book Mode provides continuous streaming pricing with "no last look" execution across aggregated liquidity, RFQ Mode gives traders the ability to submit quote requests for specific asset pairs and volumes, receive tailored pricing, and execute against the quote of their choice.
How It Works
Clients select an asset pair and input the desired volume.
FinchTrade computes pricing in real time and responds immediately.
The client has 3 seconds to confirm the trade and finalise the transaction.
The trade is executed.
Customised order execution with minimal market impact
Access to pricing for asset pairs with low liquidity or no firm book coverage
More informed decision-making due to a fixed rate
API and GUI support for streamlined integration into existing workflows
“Expanding into RFQ trading via Finery Markets is a natural evolution of our mission to make institutional crypto trading as efficient and secure as traditional finance,” said Nicola Boldrini, Growth Lead at FinchTrade, “We're excited to bring our customers into a competitive, transparent environment where they can optimise their execution strategies with confidence.”
To activate RFQ trading, FinchTrade clients need to contact the account management team. Once enabled, the RFQ section will appear in the GUI, and relevant API methods will be accessible.
This rollout further reinforces FinchTrade’s commitment to offering institutional-grade trading infrastructure, optimised for precision, performance, and cost savings — all under a secure, regulated framework.
FinchTrade is a regulated crypto-liquidity provider serving clients in over 30 countries. With a focus on deep liquidity, reliable execution, and seamless settlement, FinchTrade supports payment processors, exchanges, and financial institutions with white-label OTC desks, advanced API connectivity, and custom pricing engines.
RFQ trading on FinchTrade is a mode that lets clients request and receive competitive, tailored pricing for specific asset pairs and volumes in real time. It complements FinchTrade’s existing streaming, firm liquidity offering and is intended for institutional clients seeking customised execution for large or low-liquidity crypto trades.
Clients select an asset pair and enter the desired volume. FinchTrade computes pricing in real time and returns a quote immediately. The client then has three seconds to confirm the quote and finalise the transaction, after which the trade is executed against the chosen quote and the rate is fixed for several seconds.
Choose RFQ when you need customised pricing for a specific pair or large volume, want minimal market impact, or require access to pairs with low liquidity or no firm book coverage. Firm Book Mode is better for continuous streaming pricing with no last look across aggregated liquidity.
Key constraints include a brief confirmation window—the client has three seconds to accept a quote—and the need to have RFQ enabled on your account. RFQ is designed to provide fixed short-duration rates and tailored pricing, so timing and account activation are operational considerations to manage.
To enable RFQ trading, contact your FinchTrade account management team. Once activated, an RFQ section appears in the GUI and the relevant API methods become accessible. FinchTrade provides a fixed-rate API and GUI support to streamline integration into existing institutional workflows.
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Our services are not available to retail clients residing in, or corporate clients registered or established in, the United Kingdom, the United States, the European Union, or other restricted jurisdictions. Access to this website does not constitute an offer or solicitation to provide services in these jurisdictions.
The obtained data is processed in accordance with our Privacy policy
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Our services are not available to retail clients residing in, or corporate clients registered or established in, the United Kingdom, the United States, the European Union, or other restricted jurisdictions. Access to this website does not constitute an offer or solicitation to provide services in these jurisdictions.
The obtained data is processed in accordance with our Privacy policy
Our services are not available to retail clients residing in, or corporate clients registered or established in, the United Kingdom, the United States, the European Union, or other restricted jurisdictions. The information provided on this website is for informational purposes only and does not constitute a public offer, financial or investment advice, or marketing communication. FinchTrade group is not MiCAR compliant, nor FCA regulated, and nothing on this website should be construed as an offer to provide regulated services or financial instruments. Visitors are encouraged to seek independent legal, financial, or professional advice before making any decisions based on the information presented. FinchTrade group assumes no liability for any actions taken in reliance on the content of this website.