Free market and NIPS Code: Difference between pages

Latest revision as of 07:13, 15 September 2022

UK.

The former Non-Investment Products Code.

The NIPS code has now been superseded.

The successor codes are the FX Global Code and the UK Money Markets Code.

The former NIPS code covered standards, controls and dealing mandates in the UK's wholesale financial markets.

Its scope included wholesale markets in:

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-''Economics.''
+''UK''.
-A free market is an economy - or part of an economy - where resources are allocated by the market by means of the market mechanism.
+The former Non-Investment Products Code.
-Relatively free markets are an essential element of capitalism.
+The NIPS code has now been superseded.
+The successor codes are the FX Global Code and the UK Money Markets Code.
-== See also ==
-* [[Capitalism]]
-* [[Competition]]
-* [[Efficient market]]
-* [[Fair market]]
-* [[Four freedoms]]
-* [[Fully planned economy]]
-* [[Market mechanism]]
-* [[Mixed economy]]
-* [[Orderly market]]
-* [[Regulation]]
-* [[Thatcherism]]
-[[Category:Corporate_finance]]
+The former NIPS code covered standards, controls and dealing mandates in the UK's wholesale financial markets.
-[[Category:Long_term_funding]]
+Its scope included wholesale markets in:
+*Sterling wholesale deposits;
+*Foreign currency wholesale deposits;
+*Gold and silver bullion wholesale deposits;
+*Spot and forward foreign exchange; and
+*Spot and forward gold and silver bullion.
+== See also==
+* [[Bullion]]
+* [[Code of practice]]
+* [[Controls]]
+* [[Foreign exchange]]
+* [[Forward contract]]
+* [[Forward market]]
+* [[Forward rate agreement]]
+* [[FX Global Code]]
+* [[Mandate]]
+* [[Non-investment product]]
+* [[Spot]]
+* [[Standard]]
+* [[UK Money Markets Code]]
+* [[Wholesale]]
+[[Category:Compliance_and_audit]]