In the fast-paced world of online trading, efficiency is paramount. To achieve this, many companies are implementing robust Enterprise Resource Planning (ERP) systems. An effective ERP can seamlessly integrate all aspects of a trading operation, from trade execution, to riskanalysis and financial reporting. This level of synergy allows traders to {
Request for Quotation
A Quote Request, often shortened to RFQ, here is a formal document sent by a purchaser to suppliers seeking quotes on defined requirements. The RFQ provides detailed descriptions about the desired solutions, allowing suppliers to submit comprehensive proposals. Following review of the submitted quotes, the buyer can then award a contract to the mo