FICC: Difference between revisions
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imported>John Grout (Disambiguation of the acronym) |
imported>Doug Williamson (Mend link.) |
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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. Not necessarily a rational organisational grouping. | 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. | |||
==See also== | ==See also== | ||
*[[FEMR]] | *[[FEMR]] | ||
*[[ | *[[Fixed Income Clearing Corporation]] | ||
* [[Fixed Income, Currencies and Commodities Markets Standards Board]] (FMSB) | |||
[[ | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 17:14, 25 June 2022
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.
