Financial Institution
a.k.a. FI
A company whose business is money: banks, brokers, insurers, investment funds and similar firms.
In plain English
A company whose business is money: banks, brokers, insurers, investment funds and similar firms.
A financial institution takes deposits, lends, invests, insures or helps others trade. Banks, credit unions, brokers, asset managers and insurers all qualify.
In FX, 'FI clients' usually means the institutional customers of a bank's trading desk.
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