IMM Session
An IMM session is a type of financial transaction that occurs in the foreign exchange market. It is a type of spot transaction, which means that the transaction is settled immediately. The term IMM stands for International Monetary Market, which is a division of the Chicago Mercantile Exchange (CME). The IMM session is the most active session in the foreign exchange market, and it is the most liquid session of the day. It is also the most volatile session, as it is the most heavily traded session.
History of IMM Session
The IMM session was first established in 1972 by the CME. It was created to provide a more efficient and transparent way to trade foreign currencies. The IMM session was designed to provide a more efficient way to trade currencies, as it allowed traders to trade in multiple currencies at the same time. This allowed traders to take advantage of the different exchange rates between different currencies. The IMM session also allowed traders to take advantage of the different interest rates between different currencies.
The IMM session has become increasingly popular over the years, as it has become the most liquid session in the foreign exchange market. The IMM session is also the most volatile session, as it is the most heavily traded session. This means that traders can take advantage of the different exchange rates and interest rates between different currencies.
Table of Comparisons
| Currency | Exchange Rate | Interest Rate |
|---|---|---|
| USD | 1.25 | 2.5% |
| EUR | 1.10 | 1.75% |
| GBP | 1.50 | 3.25% |
Summary
The IMM session is a type of financial transaction that occurs in the foreign exchange market. It is a type of spot transaction, which means that the transaction is settled immediately. The IMM session has become increasingly popular over the years, as it has become the most liquid session in the foreign exchange market. The IMM session is also the most volatile session, as it is the most heavily traded session. This means that traders can take advantage of the different exchange rates and interest rates between different currencies. For more information about the IMM session, you can visit the websites of the CME and the International Monetary Market.
See Also
- Spot Transaction
- Foreign Exchange Market
- Chicago Mercantile Exchange (CME)
- International Monetary Market
- Exchange Rate
- Interest Rate
- Currency Trading
- Forex Trading
- Currency Exchange
- Currency Pair
