In the interbank Eurodollar deposit market, an either-way market is one in which the bid and offered rates are identical.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
In eurocurrency deposit transactions between banks, a situation in which there is no difference between the bid and the ask. An either-way market is highly liquid.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved