TERMIUM Plus®

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FOREIGN EXCHANGE BROKER [3 records]

Record 1 2000-08-22

English

Subject field(s)
  • Organizations, Administrative Units and Committees
  • Investment
  • Stock Exchange
OBS

Many of the issues that arose out of the Benchmark Study happen to be encountered through the broker medium. These issues were addressed by representatives of the Interdealer Brokers Association(IDBA) in conjunction with the CCFP [Canadian Committee for Professionalism]. The result was a set of best market practices(attached) for the wholesale brokered foreign exchange market. In addition to guidelines respecting, for example, confidentiality and professional standards, these best practices address the issue of branch to branch spot transactions consummated through a broker and also the setting of spot rates on forward transactions when dealing through a broker.

Key term(s)
  • Inter-dealer Brokers Association

French

Domaine(s)
  • Organismes, unités administratives et comités
  • Investissements et placements
  • Bourse
OBS

Il se trouve qu'un grand nombre des problèmes décelés par l'enquête repère concernaient les intermédiaires entre courtiers. Ces problèmes ont été examinés par des représentants de l'Interdealer Brokers Association (IDBA), en collaboration avec le CCD [Comité du code de déontologie], et cet examen a donné lieu à l'élaboration d'un ensemble de pratiques exemplaires se rapportant aux opérations de gros effectuées sur le marché des changes par un intermédiaire entre courtiers. En plus de fournir des lignes directrices relatives, par exemple, à la confidentialité et aux normes de professionnalisme, ces pratiques exemplaires abordent la question des opérations au comptant de succursale à succursale exécutées par un intermédiaire entre courtiers, ainsi que la détermination des cours du change au comptant dans les opérations à terme effectuées par un intermédiaire entre courtiers.

Spanish

Save record 1

Record 2 1987-05-08

English

Subject field(s)
  • Foreign Trade
CONT

"Grey Marketing" is a relatively new phenomenon in the global marketplace. Also known as a parallel trader or international discounter, a grey marketeer is a company or broker that buys surplus brand name goods from distributors in foreign countries where prices are lower, and then sells them in countries where demand is strong and prices are higher, often reaping foreign exchange benefits in the process. Goods imported in this way are generally sold outside normal distribution networks through unauthorized dealers and at prices which undercut the standard pricing structure in that market.

French

Domaine(s)
  • Commerce extérieur
OBS

Renseignement donné par le ministère des Affaires extérieures.

Spanish

Save record 2

Record 3 1987-05-08

English

Subject field(s)
  • Foreign Trade
CONT

"Grey Marketing" is a relatively new phenomenon in the global marketplace. Also known as a parallel trader or international discounter, a grey marketeer is a company or broker that buys surplus brand name goods from distributors in foreign countries where prices are lower, and then sells them in countries where demand is strong and prices are higher, often reaping foreign exchange benefits in the process. Goods imported in this way are generally sold outside normal distribution networks through unauthorized dealers and at prices which undercut the standard pricing structure in that market.

French

Domaine(s)
  • Commerce extérieur
OBS

Renseignement donné par le ministère des Affaires extérieures.

Spanish

Save record 3

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