Expenditure and FICC: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Administrator (CSV import) |
imported>Doug Williamson (Layout.) |
||
Line 1: | Line 1: | ||
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. | |||
==See also== | |||
*[[FEMR]] | |||
*[[Fixed Income Clearing Corporation]] | |||
*[[FMSB]] |
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.