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- 1. SUBMITTED BY:- SANCHITA BAGWE010 SALONICHELLANI 023 JUILEE MHATRE 099 MRUNAL MHATRE 100 SONAL MULAY 104 BHAVIKA NAIK 105 ANAMIKA RAIPELLY 131 DEALING &TRADING OPERATIONS IN INTERNATIONAL BANKING
- 2. INTERNATIONAL BANK • AnInternational bank is a financial entity that offers financial services, such as payment accounts and lending opportunities, to foreign clients. • These foreign clients can be individuals and companies, though every international bank has its own policies outlining with whom they do business. • Companies do business with international banks to help facilitate international business, the complexities of which can be quite costly. • Individuals work with international banks tax avoidance.
- 3. BENEFITS • Safe andsecure global access to your money 24/7 • Greater flexibility over your finances • Simple and convenient to operate • Offers one central location for all your banking requirements • Unlimited access to foreign exchange • Provides security against exchange rate fluctuations • Grow and protect your money in a stable offshore jurisdiction • Confidential service
- 4. FOREX MARKET • Globaldecentralized market. • Huge trading volume. • This includes all aspects of buying, selling and exchanging currencies at current or determined prices. • Enables currency conversion. • Most liquid financial market in the world.
- 5. FINANCIAL INSTRUMENTS Spot Forward Future Swap Option DETERMINANTS Economicfactors Political conditions Market psychology
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- 7. MARKET PRACTICES ININTERBANK DEALING Quotations Indicative rates Time limit Market lots Odd lots Errors
- 8. TRANSACTION LIFE CYCLE OFINTERBANK DEALS • Adjust mismatches • Take advantage of variations in forward premium or discount rates • Seize opportunities on spread or arbitrage to earn profits • Fund Nostro accounts • Management of cash balances with overseas bank • Maintain internal controls • Risk management
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- 11. CODE OF CONDUCT Confidentiality Dealingprocedures Differences payable by brokers After hours dealing Gifts and penalties
- 12. ETHICS & MORAL •Whistle blowing • New recruitment • Mis-selling • Poaching staff • Reputational issues
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