CoachA liquidity aggregator collects the streaming quotes of several liquidity providers into one book and routes each request to the best price. A request for stream asks providers to start streaming executable prices for a stated size to one client. Firm liquidity is liquidity whose quotes fill when hit, with no last-look window in which the provider may reject.
Quantitative Finance · Glossary
What is Liquidity aggregator, request for stream, firm liquidity?
Also known as: liquidity aggregator · request for stream · firm liquidity