FICC: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
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*[[Fixed Income Clearing Corporation]]
*[[Fixed Income Clearing Corporation]]
*[[FMSB]]
*[[FMSB]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Financial_products_and_markets]]

Revision as of 01:37, 22 April 2020

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