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1. Banking.

Fixed Income, Currencies, and Commodities.

A grouping of activities organisationally in some banks - the Fixed Income (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