The global liquidity crisis has exposed the obvious but often disregarded significance of intraday liquidity for banks if they are to survive and remain efficient in unpredictable market conditions.
Although various pending regulations will put banks under pressure to manage their liquidity more efficiently, there is no common global guidance or regulation on how to measure and monitor intraday liquidity yet, and approaches to best practice in intraday liquidity vary from region to region, and often even from bank to bank.