Requote

A requote occurs when a broker is unable to fill a trade at the requested price and instead offers a different — usually less favorable — price to the trader. This typically happens during periods of high volatility or low liquidity, such as major news announcements, when prices move faster than the broker can process the original order. Requotes are more common with market maker brokers than with ECN brokers offering direct market access. Frequent requotes disrupt trading strategies, especially for scalpers relying on precise entry points. Choosing a fast-execution broker helps minimize this issue significantly.