GlossaryMarkets & assets

FX fixing

A reference exchange rate calculated at a specified time under a documented methodology. It can provide a clearer settlement reference than an unexplained broker quote.

Do not confuse

Common comparison error

Fx fixing called temporary has no fixed duration unless review owner, evidence, release condition, and Ask price are stated.

Practical use

How to verify FX fixing

Read FX fixing together with Benchmark price, Ask price, Market holiday. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

Fx fixing is labeled temporary. A controlled check establishes permitted actions, review owner, required evidence, release condition, and Benchmark price. A reviewer labels the case Fx fixing only after showing that a published currency rate at a specified time and method can differ from continuously quoted spot.

Evidence path

Where to verify FX fixing

Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.

Symbol information and market scheduleMatch the symbol to its underlying market, price source, trading hours, weekend treatment, and settlement availability.

Broker platform recordCompare the platform symbol and timestamp with the named market or provider instead of relying on the asset label alone.