Foreign exchange broker - Gaikoku kawase burouka

…In Japan, interbank foreign exchange transactions are conducted in Osaka and Nagoya in addition to Tokyo, but the amount of transactions there is small. The Tokyo foreign exchange market as an interbank market is composed of foreign exchange banks, foreign exchange brokers, and monetary authorities (Ministry of Finance and Bank of Japan). First of all, foreign exchange banks used to refer to foreign exchange specialized banks based on the Foreign Exchange Bank Law under the authorized foreign exchange bank system (only the Bank of Tokyo before it merged with Mitsubishi Bank in 1996) and authorized foreign exchange banks authorized to conduct foreign exchange business based on the Foreign Exchange and Foreign Trade Control Law (Foreign Exchange Law). However, the system of authorized foreign exchange banks was abolished with the enforcement of the revised Foreign Exchange Law in April 1998, and the term foreign exchange banks refers to financial institutions that functionally conduct foreign exchange business. …

*Some of the terminology used to refer to "Foreign Exchange Brokers" are listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…日本においては，東京のほか大阪や名古屋でも銀行間為替取引が行われるが，そこでの取引は少ない。　銀行間市場としての東京外国為替市場は，外国為替銀行，外国為替ブローカーおよび通貨当局(大蔵省，日本銀行)から構成される。まず外国為替銀行とは，かつては外国為替公認銀行制度の下で外国為替銀行法に基づく外国為替専門銀行(1996年三菱銀行と合併する以前の東京銀行1行のみ)と外国為替及び外国貿易管理法(外為法)に基づき外国為替業務の認可を受けた外国為替公認銀行を指したが，1998年4月改正外為法の施行により外国為替公認銀行の制度はなくなり，機能的に外国為替業務を行う金融機関などをいう。…

※「外国為替ブローカー」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報