FICC: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Classify page.) |
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*[[Fixed Income Clearing Corporation]] | *[[Fixed Income Clearing Corporation]] | ||
*[[FMSB]] | *[[FMSB]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Financial_products_and_markets]] |
Revision as of 01:37, 22 April 2020
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 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.