What are the mechanisms for classifying commercial banks to deal in order to enter the currency auction by commercial central banks in the world?
The forex market is where banks, funds, and individuals can buy or sell currencies for hedging and speculation. Foreign exchange, or Forex, is a decentralized marketplace for the trading of the world's currencies.
Thank you very much, Doctor, for the excellent answer Chuck A Arize
You can use GICS classification in order to detect commercial banks.
https://www.msci.com/our-solutions/indexes/gics#:~:text=GICS%C2%AE%20is%20a%20four,and%20applied%20to%20companies%20globally.
Thank you very much, Doctor, Loris Di Nallo
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