What happens when you press "Request Quote" on the RFQ?
Imagine walking into a crowded market and calling out exactly what you want to buy. Every vendor hears your request. They each have a few seconds to work out their best price and win your business.
Your exact trade, whether it is one option or a multi-leg strategy, is sent to Derive’s network of market makers. Their systems immediately price it and the best quotes appear on your screen.
The more market makers competing for your trade, the better the pricing becomes. So when you press "Request Quote". An entire market starts competing for your business.