Spot rates

WM/Reuters FX Benchmarks

The most timely, transparent and reliable forward and spot rates covering 150+ currencies

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Arrangement of various world currencies including Chinese Yuan, US Dollar, Euro, British Pound, pictured in Warsaw, January 25, 2011
REUTERS/Kacper Pempel

Comprehensive coverage

WM/Reuters delivers the industry’s broadest coverage, with both intraday and closing fixes for spot rates, forward contracts and NDFs.

The WM/Reuters 2pm CET benchmark

A subset of the WM/Reuters intraday spot rate service, the 2pm CET fix is calculated based on the same established, published methodology of the full service, which is fully aligned with the IOSCO Principles for Financial Benchmarks. Enhance your view of the markets with the solution that meets your data requirements: 

  • 32 currencies against the EUR available with a 30-minute delay
  • 150+ currencies against the EUR, GBP and USD available as a subscription of the WM/Reuters intraday service

Backed by integrity and continued innovation

In 2016, Thomson Reuters acquired The World Markets Company’s WM/Reuters FX benchmark calculation business from State Street Corporation.

For more than 20 years, WM/Reuters FX rates have served as fully independent, objective, unbiased sources for FX data. We pledge to ensure that the benchmarks remain trusted and fundamental components of market infrastructure – and are continually enhanced as market needs change.

Intraday Spot Rates
Produced on the hour from Monday 7:00 am Sydney time – Friday 10:00 pm London time, with coverage including 150+ currencies against the EUR, GBP and USD
Closing Spot Rates
Fixed daily Monday–Friday at 4:00 pm London time, with coverage including 150+ currencies against the EUR, GBP and USD
Closing Forwards and NDFs
Fixed daily Monday–Friday at 4:00 pm London time, with coverage including 80 forward currencies and 11 NDF currencies
Intraday Forwards and NDFs
Produced on the hour from 6:00 am – 9:00 pm London time; 10:00 am and 4:00 pm Sydney time; 2:00 pm New Zealand time; 11:00 am Singapore time; and 5:00 pm New York time
Historical Data
All rates are archived daily and are available direct from Thomson Reuters and other vendors

Fully transparent, IOSCO-aligned methodology

Our published and transparent calculation methodology is fully aligned with the IOSCO Principles for Financial Benchmarks.

Designed to bring greater transparency to pricing in the FX market, WM/Reuters rates are built with data sourced directly from market transactions, applying multiple validation techniques on captured and calculated rates to result in accurate spot rates for each fix throughout the day.

The trusted industry standard

More than 1,000 financial institutions currently rely on the WM/Reuters rates for greater clarity in evaluating global markets.

The following organizations use WM/Reuters rates to calculate the indices they provide:

  • Citigroup Global Markets Ltd
  • FTSE International Ltd
  • IPD (International Property Database)
  • JP Morgan Securities Ltd
  • Merrill Lynch, Pierce, Fenner & Smith Inc
  • Morgan Stanley Capital International Ltd
  • OMX (Stockholm Stock Exchange Ltd)
  • Standard & Poors
  • STOXX LTD

The following associations recommend the WM/Reuters rates to their members as a standard when valuing portfolios with overseas holdings:

  • ACI Suisse (The Financial Markets Association)
  • AFXC (Australian Foreign Exchange Committee)
  • IFSA (The Investment and Financial Services Association)
  • PFA (Japan Pension Fund Association)
  • NZFMA (New Zealand Financial Markets Association)

WM/Reuters FX Benchmarks

Trusted, accurate and timely forward and spot rates

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