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

A Proposal Request, often shortened to RFQ, is a formal request sent by a purchaser to suppliers seeking quotes on specific goods or services. The RFQ provides detailed information about the needed items, allowing suppliers to submit accurate offers. Upon review of the submitted bids, the buyer can then select a contract to the most acceptable sup