FXBereich
FXBereich is a German-language term used in financial institutions to denote the foreign exchange area, or FX desk. It covers the activities involved in exchanging currencies, managing exchange-rate risk, and providing liquidity to clients and the institution itself.
Core activities include executing spot trades, forwards, swaps, and options; supporting corporate and institutional clients with
Organization and roles: front-office traders and sales staff, middle-office risk controllers, and back-office settlement staff; typically
Tools and processes: pricing models, electronic trading platforms, market data terminals (Bloomberg, Reuters), and internal risk
Risks and regulation: market risk from currency movements, credit risk with counterparties, operational risk; subject to
In industry practice, FXBereich operations include hedging for corporate clients, market making, and liquidity provision; it
Origin and usage: the term FXBereich arises in German-speaking banking contexts to refer to areas responsible