A requote occurs when the execution price of an asset changes between the time you place an order and the time it is processed.
This can happen during periods of high market volatility, low liquidity, or rapid price movement, where prices may change within fractions of a second.
How Requotes Work
When a requote occurs
• The originally requested price is no longer available
• The system will display a new available market price
• You are given the option to accept or reject the updated price
If you accept the new price, the order will be executed at that level.
If you reject the new price, the order will be cancelled and no trade will be opened.
Important Information
Requotes are a normal part of trading in fast moving markets and help ensure orders are executed at the most current available price.
High volatility may increase the frequency of requotes, particularly around economic news releases or market openings.