Forex Interbank
The Professional Interbank Forex Market Fx Trade Network The data covers all spot transactions on the interbank m arkets as well as transactions with their clients that have nominal values of us$10,000 or more. the data submitted is used to compute the weighted average exchange rate. the weighted exchange rate is published on the bank of ghana website, as the closing rate for the day’s transactions. Banks—the "interbank market" is one of the most misused terms in the retail forex market. the interbank market is what it sounds like; a network of banks that trade currencies with each other. The interbank market is the top-level foreign exchange market where banks exchange different currencies. the banks can either deal with one another directly, or through electronic brokering platforms. the electronic broking services (ebs) and thomson reuters dealing are the two competitors in the electronic brokering platform business and together connect over 1000 banks. The professiona...