FICC: Difference between revisions
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imported>Doug Williamson (Reduce and split sentence.) |
imported>Doug Williamson (Layout.) |
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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 FI part referring to bonds etc. | ||
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 [[ | 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. | |||
Revision as of 16:47, 19 November 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 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.