Money Market

Short-term loans with a maturity of up to 2 years.

Capital Market

Asset titles with an indefinite maturity or maturities of approximately two years.

Currency Market

Forex or FX stands for foreign exchange and concerns foreign currency trading.


An Interest Rate Swap (IRS) is an agreement between two parties to exchange a fixed interest rate for a specified period of time against payment of a fixed interest rate.


Forward Rate Agreements is a money market derivative for a transaction that is used to fix interest expenses or interest income.