Spread rates are fixed and will only widen in rare occurrences. These include central bank (European Central Bank, U.S. Federal Reserve Board, Bank of Japan, etc.) rate decisions; monetary policy decisions (Federal Open Market Committee meetings, etc); unexpected events leading to extremely volatile market conditions; and extremely illiquid market conditions (such as public holidays). Statistically, our spread rates do not widen more than a total of approximately five minutes per working week, which equates to approximately 0.07% of the time.
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