Binance has introduced Multi-Leg functionality to its Options RFQ (Request for Quotes) platform, enabling traders to execute complex options strategies more efficiently.
The new feature allows users to combine multiple legs into a single order, reducing execution risks and optimizing pricing.
Introducing Options RFQ Multi-leg, now available on our RFQ platform.
Enable seamless and efficient execution of complex multi-leg options strategies in a single, streamlined order.
Discover its full potential ➡️ https://t.co/hOXtlsaR8h pic.twitter.com/2jDbpWPQdh
— Binance VIP & Institutional (@BinanceVIP) February 27, 2025
The Options RFQ platform, which provides direct quotes from Binance’s OTC Trading Desk, is designed for institutional and high-volume traders seeking deep liquidity and competitive pricing. Traditional order books often lead to price slippage and execution delays for large trades, but the RFQ system addresses these challenges by streamlining order execution.
With the Multi-Leg upgrade, traders can access predefined strategies that simplify the execution of advanced options trades. The system calculates a combined price for all legs, ensuring more favourable rates than executing each leg separately. This approach also eliminates the risk of price fluctuations between individual executions, providing greater precision in volatile market conditions.
The user interface enhances traders’ accessibility, allowing them to navigate complex strategies easily. Users can access it via the VIP Portal to select predefined strategies, request quotes, and execute trades seamlessly. There is also a dedicated dashboard for real-time position monitoring and management.
Binance says the introduction of Multi-Leg functionality marks a step forward in improving the options trading experience, catering to advanced retail traders, VIP users, and market makers. The exchange encourages traders to explore the new feature as part of its ongoing efforts to enhance trading efficiency and market accessibility.
Notably, Binance has updated its token information methodology to improve transparency, effective February 14. Market capitalization will now be based on circulating supply, including unlocked tokens, multiplied by price. Non-public tokens will be excluded if unlock data is unavailable. The new method replaces the previous calculation that used liquidity and only included publicly held tokens. This update aims to provide a clearer understanding of token availability by incorporating unlock schedules for listed projects.
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