RFO Request and Fill

Send a request for order on the RQ feed. OpenYield acknowledges receipt, then places the request as a live order on the marketplace.

Two acknowledgements arrive in sequence:

• A pending acknowledgement signals that OpenYield received the request and is staging it during the collection window.
• A new acknowledgement signals the request is now live on the marketplace as an order.

Once live, partial fills are delivered in real time as contra-side liquidity is matched. When the order is completely filled, a final execution report gives the total quantity and weighted average price, followed by a completion ticket that closes the order.