How Often Is Your Data Refreshed?

Q: How often is your swap rate and interest rate curve data updated?

A:

  • Highly liquid currencies (e.g., EURIBOR, , GBP, CAD): refreshed roughly every 1 minute.

  • Less liquid currencies: updates may occur less often — anywhere from several minutes up to 1 hour — because fewer trades or quotes are available.

Why the update frequency varies

  1. Market Liquidity Instruments that see frequent trading and numerous active market participants produce continuous price updates. That makes 1-minute updates feasible and reliable.

  2. Quote Availability In markets with low trading volume, new quotes are sparser. Updating too often might just repeat stale values without real new information.

In summary

Currency Type
Update Frequency

Highly liquid (e.g. EUR)

~1 minute

Less liquid currencies

Several minutes (up to ~1 hour or more)

Expect data to be near “live” for major currencies. For others, the delay reflects real-market update rhythms, not system lag.

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