Examples of Fast Market in a sentence
Obligations are suspended on the day of Expiry (typically the third Friday of the month).Obligations are suspended during Fast Market condition.
Decreases in liquidity can also result in "Fast Market" conditions where the price of a currency pair moves sharply higher or lower or in a volatile up/down pattern without trading in an ordinary step-like fashion.
Although there may be instances when the aggregate OTC Rolling Spot Forex market enters a "Fast Market" situation or periods where liquidity is in short or no supply, it is important to note that, the Platform’s prices, bid/ask spreads and liquidity will reflect the prevailing interbank market liquidity.
However, the last responsible for the declaration and termination of a "Fast Market" situation will be the Market Operator, who will inform the Market Maker through a communication.
The "Fast Market" situation shall be activated by Market Supervisor decision and will be at the underlying level.