Euromarket

From ACT Wiki
Revision as of 12:19, 11 May 2016 by imported>Doug Williamson (Expand.)
Jump to navigationJump to search

1.

A market where a currency is traded outside that currency's home country.

For example, US dollars traded in London.


2.

Potentially confusingly, the term 'euromarket' is also sometimes used, much more broadly, as a general term for the international capital market.

This wider definition includes both the narrower strict definition of euromarkets above, and, for example, foreign bonds.



See also