Monday, March 25, 2024

ARBITRAGE TRANSACTIONS AT ENFOTEK FINANCIAL OPERATIONS

The Financial Operations Module of Enfotek ERP and Software Solutions continues to offer error-free and functional accounting management to professional ERP users, with its new features. Lately, the inclusion of arbitrage transactions to the Enfotek Financial Operations Module provides significant convenience in banking transactions for accounting units.

EASE OF TRANSACTION

Thanks to the arbitrage feature, it facilitates the conversion from one currency to another (Arbitrage, USD/EURO) directly within the banking transactions interface. Additionally, this feature automatically identifies the foreign exchange purchase and sale rates when the exchange rate is input, offering another layer of convenience. It also ensures that the equivalent values in TRY are matched according to the respective foreign exchange buying and selling rates.

WHAT IS ARBITRAGE?

Arbitrage involves earning a risk-free profit by simultaneously buying and selling the same securities, money, or precious metals in different markets where there are price discrepancies. These products can range from precious metals like gold to securities such as stocks. The goal is to achieve a completely risk-free profit.