FICC: Difference between revisions
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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. | 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. | ||
2. ''US'' | |||
Fixed Income Clearing Corporation. | |||
==See also== | ==See also== | ||
*[[FEMR]] | *[[FEMR]] | ||
*[[Fixed Income Clearing Corporation]] | |||
*[[FMSB]] | *[[FMSB]] | ||
Revision as of 15:05, 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.
2. US
Fixed Income Clearing Corporation.
