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Definition
Belgian-based company that provides the global electronic network for settlement of most forex transactions. Also known as SWIFT.
Society For Worldwide Interbank Telecommunications
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Related Terms
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Electronic Brokering Services is an organization created by some of the world’s biggest banks and financial...
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Commercial corporations, unlike other market participants, are part of the 10% of market players who do not...
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Investment management firms manage financial assets and funds of other institutions. They use the currency...
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Stands for the London Inter-Bank Offered Rate. It is used as a reference rate by banks to borrow from other...
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A market conducted directly between dealers and principals via a telephone and computer network rather than...
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