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