Traditionally, in times of illiquidity in the market, buy-side players request quotes from six counterparties, in order to contain the information leakage and spread it to the entire market. If their inquiries don't meet their target, they start over with a new inquiry, searching for additional market-makers.
FlexRFQ allows them to search for additional quotes without having to restart the original inquiry. "This functionality follows the traditional framework of sending a trade inquiry to six m
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails