Foreign Exchange Committee
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Foreign Exchange Committee Web Site Information
| Domain: | frb.org |
| Website Title: | Foreign Exchange Committee |
| Server Type: | Netscape-Enterprise/6.0 |
| Site Description: | Formed in 1978 under the sponsorship of the Federal Reserve Bank of New York, the FXC includes representatives of major financial institutions engaged in FX trading in the USA. |
| Meta Description: | The foreign exchange market provides the essential machinery for making payments across borders, transferring funds, and determining exchange rates between different national currencies. The foreign exchange market, which operates 24-hours a day, represents the largest and most liquid marketplace in the global economy. According to the 2001 Triennial Survey conducted by the Bank of International Settlements (BIS), foreign exchange turnover averages $1.21 trillion per day in the cash market and an additional $1.4 trillion per day in the OTC foreign exchange and interest rate derivatives market. The liquidity of the market provides businesses with access to international markets for goods and services by providing foreign currency necessary for transactions worldwide. The foreign exchange market serves a wide array of customers including commercial and investment banks, foreign exchange dealers and brokerage companies, corporations, money managers (including pension, mutual fund, and commodity pool managers), commodity trading advisors, insurance companies, governments, and central banks. |
| Meta Keywords: | about the fxc, fmlg, for committee only, foreign exchange committee, fxc |
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Foreign Exchange Committee Traffic Analysis
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