RFO Respond and Fill

Receive a request for order on the RQ session, submit a quote, and collect fills when the request crosses your price.

OpenYield forwards an anonymized request to eligible responders. Submit a quote with your price and size within the collection window. OpenYield acknowledges the quote is live on the marketplace.

You can update your price at any time while the request is open — resend the quote with the same QuoteID (117) and OpenYield will acknowledge each update.

When the initiator's request crosses your quoted price, fills are delivered in real time. When your quote is fully filled, the final fill (OrdStatus 39=2) closes it out.