Currency volatility measures the frequency and extent of changes in a currency's value. It is measured by calculating the dispersion of exchange rate changes around the mean, expressed in terms of daily, weekly, monthly or annual standard deviations.
The larger the number, the greater the volatility over a period of time. Currency volatility can be measured using both historical exchange rates (historical volatility) or obtained from options prices based upon option pricing model (implied volatility).
What is MillTechFX?
We provide access to a transparent marketplace for comparative FX execution from up to 15+ counterparty banks, while harnessing a unique and significant pricing efficiency for our clients and reducing their operational burden. In addition, MillTechFX provides clients with full transparency of execution via independent TCA reporting.