JTX launches Equities, bringing RFQ execution to 1,650 tokenized stocks on Solana

Jito Labs' professional trading terminal now lets users swap tokenized stocks in sizes up to $1M with minimal slippage JTX, the professional trading terminal built by Jito Labs, has rolled out JTX Equities. The upgrade brings request-for-quote execution to more than 1,650 tokenized stocks on Solana. What JTX Equities actually does The headline feature is RFQ, short for request for quote. Technically, an RFQ system asks liquidity providers to quote a specific price for a specific trade size before execution. The trader sees the price first, then decides. That is different from routing through an automated market maker, where large orders eat through the pool and push the price against the buyer. According to Solana Floor, RFQ on JTX supports swaps of up to $1M with minimal slippage. Slippage is the gap between the price you expect and the price you get, and on thin onchain books it can quietly turn a good trade into a mediocre one. The pricing comes directly from tokenized stock issuers, including Backpack, Ondo, and xStocks, according to the research findings. Real-time exchange price feeds sit alongside those quotes. The coverage spans more than 1,650 tokenized equities, covering ...