In the fast-paced world of online trading, efficiency is essential. To achieve this, many firms are implementing robust Enterprise Resource Planning (ERP) systems. An effective ERP can efficiently integrate all aspects of a trading operation, from order management, to riskanalysis and financial reporting. This level of synergy facilitates traders t

A Request for Quotation (RFQ), often shortened to RFQ, is a formal communication sent by a buyer to suppliers seeking bids on specific goods or services. The RFQ provides detailed information about the needed items, allowing suppliers to submit competitive estimates. Upon review of the submitted quotes, the buyer can then choose a contract to the