A recent incident highlighted a lapse in market maker oversight during a second Request for Quote (RFQ) process. Market makers failed to adjust prices or detect anomalies, resulting in transactions at unreasonable prices. This oversight points to flaws in their internal processes and risk management systems. Such opportunities are not uncommon in options trading, where the complexity of management often leads to similar situations.
Market Maker Oversight Leads to Unreasonable Pricing in RFQ
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