In the fast-paced world of online trading, efficiency is critical. To achieve this, many firms are embracing robust Enterprise Resource Planning (ERP) systems. An effective ERP can efficiently integrate all aspects of a trading operation, from trade execution, to riskassessment and financialanalysis. This level of synergy facilitates traders to {ma
Quote Request
A Quote Request, often shortened to RFQ, is a formal request sent by a buyer to suppliers seeking prices on defined requirements. The RFQ provides detailed information about the required products, allowing suppliers to submit competitive estimates. After review of the submitted bids, the buyer can then award a contract to the most acceptable suppl