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Leaderboard Definitions
Total Received
- Number of RFQs your desk received
Quote Rate
- Number of RFQs your desk quoted / Number of RFQs your desk received
Fill Rate
- Number of RFQs you traded / Total number of RFQs you received
- includes RFQs you did not quote and those that were cancelled
Fill/Quote
- Number of RFQs you traded / Total number of RFQs you quoted
- this includes RFQs that were cancelled
Spread Rank
- Your average ranked bid/ask spread on quoted RFQs
- For example, if you quote 2 RFQs and you were tightest spread on one and second tightest spread on the other, your spread score would show 1.5
- We then rank you again to get the final overall rank number for average spread width
Second Best Rate
- Percentage of time you, as maker, are the 2nd best rate on Traded RFQs
Total Volume
- Your total Maker + Taker volume on Paradigm
Last modified 25d ago