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Panel Bank

What does it mean?
The name given to the group of banks contributing to the EURIBOR. This group is made up of the largest participants within the Euro money market.

In Other Words...
Panel bank institutions transact the largest volumes within the Euro market and provide stability and liquidity. Furthermore, these banks are located both inside and outside of Europe, and aren't always associated with regions recognizing the EU.

Related Links
Money Market Tutorial - If your investments in the stock market are keeping you from sleeping at night, it's time to learn about the safer alternatives in the money market.

EURIBOR.com - Homepage of the Euro Interbank Offer Rate.

Related Terms
EURIBOR | Interest Rate | LIBOR | Money Market

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Image Financial LLC is not a registered broker-dealer, but rather works in coordination with fully licensed broker-dealers, SIPC-insured clearing firms, and private trading firms to provide licensed and non-licensed clients with access to career trading programs and direct access trading capabilities.  Our firm and our network affiliates strongly recommend that all clients fully read and acknowledge all SEC risk disclosure statements available on our site and our affiliate broker-dealer websites prior to engaging in any live trading activity, and acquire a solid understanding of the risks inherent in active "day" trading.