Mitigating Slippage in RFQ Services

• Luan Martins Felix Parfin
• Daniel Sadoc Menasché UFRJ https://orcid.org/0000-0002-8953-4003

DOI: https://doi.org/10.5753/wblockchain.2025.9509

Abstract

DThis study describes an approach to mitigating the slippage issue in RFQ services. Slippage refers to the difference between the expected price and the executed price in a quote for buying or selling a certain amount of a currency pair. The two main strategies considered were spread adjustment and quote cancellation. The study involves collecting and processing data to statistically infer the optimal spread, which simultaneously maintains a competitive price, reduces company losses, and complies with the SLA. The result is the establishment of a simple and reasonable heuristic for approaching the problem and a webapp for visualizing the proposed heuristic.

Keywords: Slippage, RFQ, Heuristic

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