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Quantitative Finance · Glossary

What is Fix flow?

Definition 15.1 Strategies II: Volatility, Relative Value, Macro and the Bank Desks · Chapter 15 — FX Flow Strategies

A fix flow is the net order to buy or sell a currency at a benchmark fix that arises from mandates rather than views: hedge rebalancing, index and portfolio rebalancing, and client orders executed at the fix; its size and direction can often be estimated in advance from public information.

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