Non-investment product: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Create the page. Source: NIPS Code p3 http://www.bankofengland.co.uk/markets/Documents/forex/fxjsc/nipscode1111.pdf)
 
imported>Doug Williamson
(Add broader definition. Source: Bank of England Discussion Paper Apr 2016 p3 http://www.bankofengland.co.uk/financialstability/Documents/fsdiscussionpaper/080416.pdf)
Line 1: Line 1:
''UK NIPS Code''
1.


The UK's Non-Investment Products Code covers wholesale markets in:
Investment is spending that has the potential to expand the capacity of the economy directly.
*Sterling wholesale deposits;
 
*Foreign currency wholesale deposits;
Non-investment transactions and products are ones which do not do this directly. Non-investment transactions may nevertheless support productive investment indirectly, by enabling the flow of funds into, and within, the financial system.
*Gold and silver bullion wholesale deposits;
 
*Spot and forward foreign exchange; and
 
*Spot and forward gold and silver bullion.
2. ''UK NIPS Code''
 
Non-investment products include sterling wholesale deposits, foreign currency wholesale deposits,
gold and silver bullion wholesale deposits, spot and forward foreign exchange, and spot and forward gold and silver bullion.




Line 12: Line 15:
* [[Foreign exchange]]
* [[Foreign exchange]]
* [[Forward]]
* [[Forward]]
* [[Investment]]
* [[NIPS Code]]
* [[NIPS Code]]
* [[Spot]]
* [[Spot]]
* [[UK Securities Lending, Repo and Money Markets Code]]
* [[UK Securities Lending, Repo and Money Markets Code]]
* [[Wholesale]]
* [[Wholesale]]

Revision as of 10:17, 6 April 2017

1.

Investment is spending that has the potential to expand the capacity of the economy directly.

Non-investment transactions and products are ones which do not do this directly. Non-investment transactions may nevertheless support productive investment indirectly, by enabling the flow of funds into, and within, the financial system.


2. UK NIPS Code

Non-investment products include sterling wholesale deposits, foreign currency wholesale deposits, gold and silver bullion wholesale deposits, spot and forward foreign exchange, and spot and forward gold and silver bullion.


See also