... increase in the volatility of the market the spread increase can beattributed to the traders, fear of central bank interventions. The busiest period of the day in terms of the number of quotations, ... presented. Theyreveal an interesting feature. In the last part of the day BSTtime, from about the closing time of the European ex-changes and until the closing time of the New York ex-change, volatility ... documented. Others are already well known in markets, for example, the rise in spreads and decline in activity on Fridays. But we were surprised by the finding of the continuing high volatility, in both...