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Moscow Interbank Currency Exchange (MICEX) |
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Moscow Interbank Currency Exchange (MICEX)Established in 1992, the most liquid and best organized financial exchange in Russia.Moscow Interbank Currency Exchange (MICEX) Similar MatchesClearing house interbank payment systemClearing house interbank payment systemA computerised payment system for clearing cheques in New York. Clearing House Interbank Payments System (CHIPS)Clearing House Interbank Payments System (CHIPS)An international wire transfer system for high-value payments operated by a group of major banks. Interbank rateInterbank rateThe rate of interest charged by a bank on a loan to another bank. See LIBOR. London Interbank Offered Rate (LIBOR)London Interbank Offered Rate (LIBOR)The rate of interest that major international banks in London charge each other for borrowings. Many variable interest rates in the US are based on spreads off LIBOR. By contrast with the bid rate LIBID quoted by banks seeking such deposits. Interbank rateInterbank rateSee: LIBOR Further SuggestionsParis Interbank Offer Rate (PIBOR)Society for Worldwide Interbank Financial Telecommunications (SWIFT) London interbank offered rate London Interbank Bid Rate (LIBID) Interbank market Society for Worldwide Interbank Financial Telecommunications |
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