Happy 30th!
As WMR celebrates its 30th year in 2024, we are pleased to share that a multi-year investment into modernising WMR technology and infrastructure has been completed. This launches a Cloud based platform from which we look forward to continuing to provide accurate, robust and transparent FX benchmarks for our users, while enabling innovation, future enhancements and expansion.
Oversight from our dedicated monitoring and surveillance team remain separate to uphold the integrity of the rates and maintain user trust and confidence in the benchmarks as they are adopted across significant customer workflows.
Overview
Why WMR FX Benchmarks?
For more than 30 years, WMR FX Benchmarks have served as fully independent, objective, and 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.
Our published and transparent calculation methodology is fully aligned with the IOSCO Principles for Financial Benchmarks. The WMR Spot, Forward and NDF Benchmark Rates (including London 4pm Closing Spot Rates) are administered by FTSE International Limited, authorised as a Benchmark Administrator under EU BMR.
Designed to bring greater transparency to pricing in the FX market, WMR 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.
We are the administrator of more than 30 key rates and calculation agent for over 40 critical national and regional interest rates and FX benchmarks in 12 different countries, such as Singapore and Hong Kong.
Useful Links
Accessing rates data
Benchmark data is made available on LSEG Data & Analytics platforms, through direct data feeds and APIs and is widely available through other third-party market data vendors and authorised redistributors.
Key resources
Methodology
Benchmark resources
WMR Updates
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WMR Spot Rates – Market Update on Methodology Consultation – Dec 2024
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WMR Closing Spot Rate Benchmarks Designated as Critical under UK Benchmark Regulation – Nov 2024
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WMR Spot Rates Consultation Paper – June 2024
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WMR Spot Rates Methodology – Additional Trade Data – June 2024
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WMR T+1 settlement feedback outcomes – April 2024
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WMR Metals Benchmarks Launch - Sep 2024
FEATURES & BENEFITS
What you get with WMR FX benchmarks
WMR delivers the industry’s broadest coverage, with both intraday and closing spot rates, forward rates, and NDFs.
Fully transparent, IOSCO-aligned methodology and 4pm rates are EU/BMR adherent.
Over 1,000 financial institutions rely on the WMR rates for greater clarity in evaluating global markets.
OUR FX RATES
Explore coverage/frequency and access select rates
WMR Rates Availability
| 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 79 forward currencies and 11 NDF currencies. |
| Intraday spot rates | Produced on the hour from Monday 6:00 am Hong Kong/Singapore time – Friday 10:00 pm London time, with coverage including 150+ currencies against the EUR, GBP, and USD. |
| 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; 5:00 pm New York time; 11:00 am Bangkok time and 10:00 am Tokyo time. |
| Historical data | All rates are archived daily and are available direct from us and other vendors. |
Select Rates Data
| 12 noon EST FX benchmark | The WMR 12 noon EST FX benchmark gives you a reliable, transaction-oriented rate that enables you to evaluate the markets with greater clarity. | View the latest rates |
| 2pm CET Fix | Rates for 32 currencies against the EUR are available daily (30-minute delay) free of charge. Alternatively rates for all 150+ currencies followed against the EUR, GBP, and USD. | View the latest rates |
| 3pm Brazil benchmarks | The 3pm/4pm (UK time) USD/BRL FX benchmark is available daily (24-hr delay) free of charge, and gives you a reliable transaction-oriented rate to evaluate the market. | View the latest 3pm rate |
| 4pm Brazil benchmarks | The 3pm/4pm (UK time) USD/BRL FX benchmark is available daily (24-hr delay) free of charge, and gives you a reliable transaction-oriented rate to evaluate the market. | View the latest 4pm rate |
| 17:30 Israel FX Benchmarks | Rates for 25 currencies against the USD are available daily (90-minute delay) free of charge, and gives you a reliable transaction-oriented rate to evaluate the market. | View the latest rates |
