FICC: Difference between revisions
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1. | 1. ''Banking.'' | ||
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. | A grouping of activities organisationally in some banks - the Fixed Income (FI) part referring to bonds etc. | ||
Not necessarily a rational organisational grouping. | Not necessarily a rational organisational grouping. | ||
Line 13: | Line 13: | ||
2. ''US'' | 2. ''US''. | ||
Fixed Income Clearing Corporation. | Fixed Income Clearing Corporation. | ||
Line 20: | Line 20: | ||
==See also== | ==See also== | ||
*[[FEMR]] | *[[FEMR]] | ||
*[[Financial Markets Standards Board]] | |||
*[[Fixed Income Clearing Corporation]] | *[[Fixed Income Clearing Corporation]] | ||
*[[FMSB]] | * [[Fixed Income, Currencies and Commodities Markets Standards Board]] (FMSB) | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:The_business_context]] |
Latest revision as of 21:37, 13 July 2024
1. Banking.
Fixed Income, Currencies, and Commodities.
A grouping of activities organisationally in some banks - the Fixed Income (FI) part referring to bonds etc.
Not necessarily a rational organisational grouping.
Following interest rate and currency market scandals 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.
2. US.
Fixed Income Clearing Corporation.