Fix definition

Fix

One of approximately five times during the forex trading day when a large amount of currency must be bought or sold to fill a commercial customer’s orders. Typically, these times are associated with market volatility.

The regular forex fixes are as follows (all times EST):

  • 5:00am - Frankfurt
  • 6:00am - London
  • 10:00am - WMHCO (World Market House Company)
  • 11:00am - WMHCO (World Market House Company) - more important
  • 8:20am - IMM
  • 8:15am - ECB

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