What Happened at the Month-End Fix?
June 9, 2025
Although markets settled somewhat in May, the heightened volatility, with the associated nervousness, means that market impact at the month-end… Read More »
Although markets settled somewhat in May, the heightened volatility, with the associated nervousness, means that market impact at the month-end… Read More »
Market impact costs rose for the March month-end benchmark fix compared to recent results, although it was very much a… Read More »
The last 12 months have seen a narrowing of the gap in terms of execution costs from using the WM… Read More »
2024 closed out with a relatively quiet month-end benchmark fix, with savings from using a longer calculation window largely in… Read More »
The October month-end provided the second lowest potential savings for using a longer calculation window for the London 4pm Fix,… Read More »
The run of relatively subdued month-end FX fixes, in terms of market impact, continued in August, although savings were still… Read More »
April continued to relatively subdued start to 2024 when it comes to market impact at the month-end Fix, notwithstanding which,… Read More »
It was another quieter than average month-end FX benchmark Fix in September, with the good news being that two of… Read More »
The end of Q2 2023 was a relatively subdued affair around the London 4pm Fix, with the potential savings measuring… Read More »
It was another quieter than average month-end fix in terms of potential savings from a longer window, however the overall… Read More »
It was a quieter than usual month-end London 4pm Fix in January, although in the bigger picture there were some… Read More »
The December 2022 month-end FX benchmark fix marked the completion of the first full year of publication of these fixes… Read More »
Potential savings from a longer London 4pm fixing window were pretty much in line with the long-term average at the… Read More »
It is of probably some relief to users of the WM London 4pm Benchmark Fix that after what was a… Read More »
ESMA may not work quickly, but it is persistent and thorough – and for that reason the FX industry needs… Read More »
The benefits of publishing a month-end London 4pm benchmark using a longer window were mixed for the June fixing, however,… Read More »
There have been hints that regulation is forcing banks’ to widen their FX swaps pricing, not least the Bank for… Read More »
