Official rate


 

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Official rate

The par value of a pegged exchange rates.



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Foreign official institutions

Foreign official institutions

Central governments of foreign countries, including all departments and agencies of national governments; central banks, exchange authorities, and all fiscal agents of foreign national governments that undertake activities similar to those of a treasury, central bank, or stabilization fund; diplomatic and consular establishments of foreign national governments; and any international or regional organization, including subordinate and affiliate agencies, created by treaty or convention between sovereign states.


Floor official

Floor official

An employee of a stock exchange who settles disputes related to the auction process on the floor of the stock exchange.


Official reserves

Official reserves

The reserves of foreign-currency-denominated assets (and also gold and SDRs) that a central bank holds, sometimes as backing for its own currency, but usually only for the purpose of possible future exchange market intervention.


Order Book Official

Order Book Official

The exchange employee in charge of keeping a book of public limit orders on exchanges utilizing the "marker-maker" system, as opposed to the "specialist system", of executing orders. See also Market-Marker and Specialist.


Official reserve transactions

Official reserve transactions

Transactions by a central bank that cause changes in its official reserves. These are usually purchases or sales of its own currency in the exchange market in exchange for foreign currencies or other foreign-currency-denominated assets. In the balance of payments a purchase of its own currency is a credit (+) and a sale is a debit (-).


Further Suggestions

Daily Official List
Stock Exchange Daily Official List code
Official reserves
Official List
Official unrequited transfers
Official statement


 
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