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WM/Reuters FX Indices

WM calculates daily standardized spot and forward rates for global foreign exchange transactions, using rates provided by Reuters. These rates are recognized globally as the standard by banks, fund managers and index compilers; increasingly, these rates are also being used by corporate treasury departments, newspapers, research analyst and currency traders.

The Closing Spot Rates were introduced in 1994 to provide a standard set of currency rates so that portfolio valuations could be compared with each other and their performance measured against benchmarks without having any differences caused by exchange rates. These rates were rapidly adopted by index compilers, the Financial Times and other users and became the de facto standard for closing spot rates on a global basis.

In 1997, the Closing Forward Rates service was launched to complement the WM/Reuters Closing Spot Rates. In 2001, the Intraday Spot Rates service was launched to extend the Spot rates product and meet clients growing requirements. In March 2004, the coverage of the Closing Forwards was extended to cover 72 currencies and additional time periods for some currencies. In August 2004, Intraday Forwards were introduced to make the Forwards service compatible with the Intraday Spots.

Key Features and Coverage

This module currently covers 156 currencies’ closing spot rates and 72 currencies Forward rates. The time periods covered for the Forward rates are:

• ON—Overnight
• TN—Tomorrow Next
• SW—One Week (Spot Week)
• 1M—One Month
• 2M—Two Months
• 3M—Three Months
• 6M—Six Months
• 9M—Nine Months
• 1Y—One Year
• 2Y—Two Years (some currencies only)
• 5Y—Five Years (some currencies only)

For WM/Reuters FX Indices database, RIMES covers approximately 609 constituents, and provides data on approximately 100 items.

Current portfolio items include: Date, Base Currency, Description, and Inversion Flag.

Portfolio items include Forward Days, Forward Rate, Forward Rate Type, and Forward Tenor (One Currency Details Option).

Historical portfolio items include:

• Forward Five Years Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Years Rate, Years Rate (Points)
• Forward Nine Months Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Months Rate, Months Rate (Points)
• Forward One Month Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Months Rate, Months Rate (Points)
• Forward One Year Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Rate, Rate (Points)
• Forward Overnight Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Rate, Rate (Points)
• Forward Six Months Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Rate, Rate (Points)
• Forward Spot Week Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Week Rate, Week Rate (Points)
• Forward Three Months Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Months Rate, Months Rate (Points)
• Forward Tomorrow Next Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Week Rate, Week Rate (Points)
• Forward Two Months Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Week Rate, Week Rate (Points)
• Forward Two Years Ask Rate, Ask Rate (Points), Bid Rate, Bid Rate (Points), Mid Rate, Mid Rate (Points), Week Rate, Week Rate (Points)
• FX Ask Rate
• FX Bid Rate
• FX Mid Rate
• FX Rate

Further Information

To find out more, please contact us, or visit http://www.wmcompany.com