Interbank foreign exchange market

interbank marketinter-bank marketinterbankinterbank currency ratesInterbank exchange rateinterbank rateInterbank rates
The interbank market is the top-level foreign exchange market where banks exchange different currencies.wikipedia
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Foreign exchange market

foreign exchangeforexcurrency exchange
The interbank market is the top-level foreign exchange market where banks exchange different currencies. Unlike the stock market, the foreign currency exchange market (Forex) does not have a physical central exchange like the NYSE.
Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the "interbank market" (although a few insurance companies and other kinds of financial firms are involved).

Electronic Broking Services

EBSelectronic broking
The Electronic Broking Services (EBS) and Thomson Reuters Dealing are the two competitors in the electronic brokering platform business and together connect over 1000 banks.

Reuters 3000 Xtra

3000 XtraReuters 3000Reuters Dealing 3000
The Electronic Broking Services (EBS) and Thomson Reuters Dealing are the two competitors in the electronic brokering platform business and together connect over 1000 banks.

Foreign exchange option

foreign currency optionsforeign exchangeFX
However, foreign currency options are regulated in a number of countries and trade on a number of different derivatives exchanges.

Futures exchange

futures marketfuturesfutures markets
However, foreign currency options are regulated in a number of countries and trade on a number of different derivatives exchanges.

Central bank

central bankscentral bankingcentral banking system
Central bank in many countries publish closing spot prices on a daily basis.

Spot contract

spot pricespotspot rate
Central bank in many countries publish closing spot prices on a daily basis.

Society for Worldwide Interbank Financial Telecommunication

SWIFTSociety for Worldwide Interbank Financial Telecommunication (SWIFT)SWIFT network
SWIFT (Society for World-Wide Interbank Financial Telecommunications)

New York Stock Exchange

NYSENew YorkNew York Stock Exchange (NYSE)
Unlike the stock market, the foreign currency exchange market (Forex) does not have a physical central exchange like the NYSE.

Market maker

market makingmarket makersspecialist
Without a central exchange, currency exchange rates are made, or set, by market makers.

Hedge fund

hedge fundshedge fund managerhedge-fund
Other factors contribute to currency exchange rates and these include forex transactions made by smaller banks, hedge funds, companies, forex brokers and traders.

Interbank lending market

interbankinterbank lendinginterbank interest rate
* Interbank lending market

MT4 ECN Bridge

bridgesoftware bridges
MT4 ECN Bridge is a technology that allows a user to access interbank foreign exchange market through the MetaTrader 4 (MT4) electronic trading platform.

KlickEx

KlickEx is a Polynesian payments system for low value electronic foreign exchange transactions using an interbank smart market retail system.

Euribor

Euro Interbank Offered Rate (Euribor)
The Euro Interbank Offered Rate (Euribor) is a daily reference rate, published by the European Money Markets Institute, based on the averaged interest rates at which Eurozone banks offer to lend unsecured funds to other banks in the euro wholesale money market (or interbank market).

2008–2011 Icelandic financial crisis

2008–2012 Icelandic financial crisis2008–11 Icelandic financial crisisIcelandic financial crisis
The domestic interbank foreign exchange market reopened the following day with three market makers, all of them government-owned.

Midpoint (company)

By doing so, users avoid the cost of the bid-ask spread levied by traditional banks and brokers – often from 2%-5% and instead uses the midpoint of the real-time interbank market rate.

Interest rate swap

interest rate swapsinterest rateinterest rate swaps (IRSs)
The interbank market, however, only has a few standardised types.

Bank of Estonia

Eesti Pank
Prior to the introduction of the euro, TALIBOR or the Tallinn Interbank Offered Rate was a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Estonian wholesale money market (or interbank market in Estonian kroons.

Joseph Yam

YAM Chi-kwong, JosephYam, Joseph
In particular, Yam pushed the overnight Interbank rates up to 280% on 23 October 1997.

SIBOR

Singapore Interbank Offered Rate (SIBOR)
SIBOR stands for Singapore Interbank Offered Rate and is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Singapore wholesale money market (or interbank market).

Helibor

Helibor (Helsinki Interbank Offered Rate) was a reference rate that was used in 1987–1998 on the Finnish interbank market.

Bank of Montreal v Marcotte

Marcotte trilogy
1) Conversion from the foreign currency through the interbank rate.