FICC: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Link with FMSB page.) |
imported>John Grout (Disambiguation of the acronym) |
||
Line 1: | Line 1: | ||
1. | |||
Fixed Income, Currencies, and Commodities. | Fixed Income, Currencies, and Commodities. | ||
A grouping of activities organisationally in some banks - the FI part referring to bonds etc. Not necessarily a rational grouping. | A grouping of activities organisationally in some banks - the FI part referring to bonds etc. Not necessarily a rational organisational grouping. | ||
Following interest rate and currency market scandals that came to light in the years following 2010, FICC has increasingly become used as a market sector classification by regulators - previously broadly recognisable in, for example, UK usage as encompassing the [[Non-investment product]] and commodities sectors. | |||
==See also== | ==See also== | ||
*[[FEMR]] | *[[FEMR]] | ||
*[[FMSB]] | *[[FMSB]] | ||
2. ''US'' | |||
[[Fixed Income Clearing Corporation]] |
Revision as of 11:24, 22 October 2017
1.
Fixed Income, Currencies, and Commodities.
A grouping of activities organisationally in some banks - the FI part referring to bonds etc. Not necessarily a rational organisational grouping.
Following interest rate and currency market scandals that came to light in the years following 2010, FICC has increasingly become used as a market sector classification by regulators - previously broadly recognisable in, for example, UK usage as encompassing the Non-investment product and commodities sectors.
See also
2. US