The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
The Federal Reserve Bank of New York carries out foreign exchange-related activities on behalf of the Federal Reserve System and the U.S. Treasury. In this capacity, the Bank monitors and analyzes global financial market developments, manages the U.S. foreign currency reserves, and from time to time intervenes in the foreign exchange market. The Bank also executes foreign exchange transactions on behalf of customers.
The Foreign Exchange and Interest Rate Derivatives Markets: Turnover in the United States,
The New York Fed, together with central banks and other authorities in 53 jurisdictions, conducted a survey of turnover in the over-the-counter (OTC) foreign exchange and interest rate derivatives markets for April 2013. This worldwide, cooperative effort is undertaken every three years and is coordinated by the Bank for International Settlements (BIS).