In the fast-paced world of online trading, efficiency is essential. To achieve this, many businesses are adopting robust Enterprise Resource Planning (ERP) systems. An effective ERP can efficiently integrate all aspects of a trading operation, from ordermanagement, to riskassessment and financialtracking. This level of integration enables traders t
Request for Quotation
A Request for Quotation (RFQ), often shortened to RFQ, is a formal communication sent by a purchaser to suppliers seeking quotes on specific goods or services. The RFQ provides detailed descriptions about the desired solutions, allowing suppliers to submit accurate offers. Following review of the submitted bids, the buyer can then select a contrac