BanxQuote Money Markets Index

Posted in Finance, Accounting and Economics Terms, Total Reads: 636

Definition: BanxQuote Money Markets Index

BanxQuote is basically a money market index, which financial institutions can use it as a rate comparison tool. It is basically provided by BanxCorp.

These rates are taken from various financial institutions. BanxQuote Money Markets Index acts like an aggregator and provides information on rates.

BanxQuote current and historical proprietary data, indices, charts and analytical tools are available on Bloomberg Terminals since 1995 under the screen name "BANX." The BLOOMBERG PROFESSIONAL community now comprises approximately 250,000 subscribers worldwide.

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