Algorithmic execution offers consistency, automation and a structured way to work flow across fragmented liquidity. Yet many desks are reassessing its effectiveness as execution outcomes become less predictable across venues and liquidity providers.

RFQ remains central for immediacy, size and direct dealer interaction, but raises ongoing questions around information leakage, panel construction and timing- particularly as market conditions shift.

In this Oxford-style debate, speakers will argue for and against the motion that RFQ delivers better outcomes than algorithmic execution. Participants will compare how each method performs across market conditions, how price formation differs between RFQ and streaming liquidity, and where TCA and analytics are influencing trader behaviour. A practical debate on when each approach adds value- and how desks combine methods in practice.