ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Central bank
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CIMB Bank
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Bank investors
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Brokers
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Detailed explanation-1: -Market participants include forex brokers, hedge funds, retail investors, corporations, central banks, governments, and institutional investors such as pension funds. All of the interbank trading activity impacts the demand for currencies and their exchange rates.
Detailed explanation-2: -SEBI is not a participant in money market. The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India.
Detailed explanation-3: -Banks and large corporations are two participants in the money market.
Detailed explanation-4: -Key Takeaways. The interbank market is a global network utilized by financial institutions to trade currencies and other currency derivatives directly between themselves. Banks use the interbank market to manage their own exchange rate and interest rate risk as well as to take speculative positions based on research.