Archived IMT (2009.03.05)

MNI reports traders in London discusssing the 4 pm London fixing due up and worry a bit about the lack of liquidity in the market at a time when some hefty orders can be muscled through the market. While normal procedure is to near enough guarantee to match the published mid-rates, traders say dismal liquidity due to the platform outage makes many banks reluctant to agree to such an arrangement today "Best efforts," seems to be the M.O. that we are hearing thus far. from -- Market news International.