The activity of global markets department, HSBC
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Date
2011-09-18Publisher
BRAC UniversityAuthor
Mamun, Abdullah AlMetadata
Show full item recordAbstract
HSBC is world’s second largest public company. They have 7500 offices in 87 countries.
In Bangladesh they are doing business for a long time. They are making huge impact in
our business by providing different financial services and helping business organizations
by providing support in export and import activities. Each year huge amount of foreign
currency is inwards and outwards in our economy for different purposes. HSBC plays a
huge role in buying and selling foreign currencies from organizations and individuals.
Thus, they are making the money market of our country stable. HSBC Global Markets
offers different spot, forward and option products to business people for the ease of these
foreign exchange transactions. Moreover, the global markets offer different money
market products in order to stabilize internal money market conditions like overnight call
money, SWAP etc. In this project work the activities are elaborately discussed.