BrokerTec Introduces RFQ For European Repo Market

The RFQ model is part of a growing trend towards electrification in the repo markets.

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BrokerTec has launched BrokerTec Quote, a dealer-to-client request for quote (RFQ) product for the European repo market. 

“BrokerTec Quote will help automate dealer-to-client execution, a process which for many market participants remains laborious and often requires manual intervention,” says Kate Henry, head of EMEA fixed income products for BrokerTec. “Increased automation of this market will not only bring efficiencies to end-to-end workflows, but also help reduce operational errors.” 

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