Binance Options RFQ (Request for Quote) is a feature that allows traders to request custom price quotes for options contracts before executing trades. It’s designed for institutional and advanced traders who require flexibility in trading options.
🔥 Key Features of Binance Options RFQ
✅ 📌 Fully Customizable Contracts – Choose your own strike price, expiration date, and contract size for tailored trading.
✅ ⚡ Real-Time Competitive Pricing – Get instant quotes from multiple market makers to secure the best deal.
✅ 🔄 Multiple Counterparty Quotes – Compare prices from different liquidity providers before executing a trade.
✅ 🔒 Private & Slippage-Free Trading – Orders are executed over-the-counter (OTC)-style, reducing market impact and avoiding slippage.
✅ 📉 Supports Advanced Strategies – Trade single-leg and multi-leg options strategies like spreads and straddles.
✅ 💰 No Order Book Exposure – Your RFQ trades are private and won’t appear on the public order book.
✅ 📈 Designed for Institutional Traders – Best suited for large-volume traders, hedge funds, and high-net-worth individuals.
🎯 Why Use Binance Options RFQ?
🔹 Better Execution Prices – RFQs let you access deeper liquidity and negotiate better option pricing.
🔹 More Control & Flexibility – Unlike traditional order books, you get personalized quotes before committing to a trade.
🔹 Reduced Market Impact – Since orders aren’t publicly visible, there’s no risk of price movements affecting your trade.