What is trade request in SAP FIN-FSCM-TRM - Treasury and Risk Management?

SAP Term: trade request

• Component: FIN-FSCM-TRM

• Component Name: Treasury and Risk Management

• Description: An entity with which a financial transaction can be requested. This request, for example, for a foreign exchange transaction to hedge a net open exposure amount, is created within the SAP system and then passed to the trading platform integration app before it is sent to an external trading platform.

Smart SAP Assistant

• Key Concepts: 
  A trade request is a document used in SAP Treasury and Risk Management (FIN-FSCM-TRM) to initiate a financial transaction. It contains information about the transaction, such as the type of transaction, the amount, and the currency. The trade request is then sent to the bank for processing. 
  
  How to use it: 
  In order to create a trade request, users must first enter the necessary information into the system. This includes the type of transaction, the amount, and the currency. Once all of this information is entered, users can submit the trade request to the bank for processing. 
  
  Tips & Tricks: 
  When creating a trade request, it is important to double-check all of the information entered into the system. This will ensure that the transaction is processed correctly and without any errors. Additionally, users should be aware of any fees or charges associated with their transaction before submitting their trade request. 
  
  Related Information: 
  For more information on trade requests in SAP Treasury and Risk Management (FIN-FSCM-TRM), users can refer to SAP's official documentation or contact their local SAP support team. Additionally, users can find helpful tutorials and videos online that provide step-by-step instructions on how to create a trade request in SAP.