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imported>Doug Williamson |
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| 1. ''Banking.''
| | Fees levied on the movement of funds between residents and non-residents, usually calculated on an ad valorem basis, for example, as a percentage of the transaction value. |
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| Fixed Income, Currencies, and Commodities.
| | == See also == |
| | * [[Ad valorem]] |
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| A grouping of activities organisationally in some banks - the Fixed Income (FI) part referring to bonds etc.
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| Not necessarily a rational organisational grouping.
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| Following interest rate and currency market scandals in the years following 2010, FICC has increasingly become used as a market sector classification by regulators.
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| Previously broadly recognisable in, for example, UK usage as encompassing the [[non-investment product]] and commodities sectors.
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| 2. ''US''.
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| Fixed Income Clearing Corporation.
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| ==See also==
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| *[[FEMR]]
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| *[[Fixed Income Clearing Corporation]]
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| *[[FMSB]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Financial_products_and_markets]]
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Revision as of 14:19, 23 October 2012
Fees levied on the movement of funds between residents and non-residents, usually calculated on an ad valorem basis, for example, as a percentage of the transaction value.
See also
