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Interbank market

   Also found in: Wikipedia 0.02 sec.
Interbank market
Financial institutions exchange of currencies between and among themselves.

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The two types of traders work together to make money on the spread--the difference between the prices quoted to corporate customers and prices obtained in the interbank market.
interbank market, using that market as a source of funds, an outlet for investments, and an element in their general liquidity management.
The interest rate on the Eurodollar loans fluctuates based upon the rate at which Eurodollar deposits in the London Interbank market ("Libor") are quoted for the maturity selected, plus a margin of 5.
 
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