RiskBeginner
Requote
When a broker offers a new price instead of executing at the originally requested price, typically during volatile market conditions.
Last updated: February 1, 2026
1
A trader submits an order at a specific price.
2
The broker determines that the requested price is no longer available.
3
Instead of executing, the broker sends back a new price (the requote).
4
The trader must accept or reject the new price.
5
This introduces delay and gives the broker an additional opportunity to control execution.