RFQ Trading
Your Trade.
One Clear Quote
Request pricing for your currency pair, amount and settlement needs.Review the quote and agree the terms beforethe trade goes ahead.
01 / Your request
Request receivedCurrency pair
USDC / NGNAmount to sell
Destination
Settlement requirement
Tell Us What You Need To Trade
Start with the currencies, direction, amount and settlement requirements.These details shape the quote you receive.
01 / Your request
Request receivedCurrency pair
USDC / NGNAmount to sell
Destination
Settlement requirement
02 / Your quote
USDC
10,000
Amount to be sold
- Strike price
- 1USDC = NGN 1,500.00
- Gross proceeds
- NGN 15,000,000
- RFQ trading fee
- NGN 0
- Settlement cost
- NGN 15,0000
- Expiry date
- 28th Sep, 2026 23:59:00
The Details You Need To
Make A Decision.
A confirmed conversion fixes the trade. Funds then settle to the supported balance or destination shown for that transaction.
Quote sheet
USDC / NGN
10,000 USDC
Amount to be sold
- Strike price
- 1 USDC = NGN 1,500.00
- Gross proceeds
- NGN 15,000,000
- RFQ trading fee
- NGN 0
- Settlement cost
- NGN 15,000
- Expiry date
- 28th Sep, 2026 23:59:00
Quote terms
Settlement
Destination
NGN account **4821
Terms
Fund the agreed USDC amount using the trade instructions. Payout follows confirmed funding and the agreed route.
Understand the exchange
From Agreed Quote To Settlement
Once the quote is accepted, follow the funding and settlementinstructions provided with your trade
01 / Your quote
Quote acceptedUSDC / NGN
10,000
Amount to be sold
- Strike price
- 1USDC = NGN 1,500.00
- Gross proceeds
- NGN 15,000,000
- RFQ trading fee
- NGN 0
- Settlement cost
- NGN 15,000
- Expiry date
- 28th Sep, 2026 23:59:00
03 / Your settlement
Awaiting fundsAmount to fund
10,000 USDC
Use the funding instructions provided with your trade
- Destination
- NGN account **4821
- Trade reference
- RFQ-EX-1042
- Funding
- Awaiting funds
- Settlement
- Not started
For Trades That Need A Specific Arrangement
The same quote sheet, shaped around the detail that matters to your business.
Quote sheet
Currency pair
USDC / NGNAmount to sell
Treasury requirement
Destination
FAQs
Frequently Asked Questions
What does RFQ mean?
Request for quote.
Are public rates executable?
Public RFQ rates are indicative; the specific quote has its own terms.
What happens when a quote expires?
Request a new quote.
Can I use instant conversion for a large amount?
An available executable quote may support it; the choice depends on the pair, amount and requirements.
Zero RFQ Trading Fees Clear Trade Terms
Review the quoted exchange rate, the amount you will receive and any applicable settlement costs before accepting.
Request a quote
