Bank of Jamaica Foreign Exchange Intervention Trading Tool (B-FXITT) is a rules-based competitive multiple-price FX tool that will improve the Bank’s interaction with Authorised Dealers (ADs) and Cambios for buying and selling foreign exchange. Operations take the form of the Flash Intervention Tool (FIT) and reflect a fixed volume format, accepting eligible bids or offers on a best price principle. Deployment of the FIT will take place at the discretion of the Bank, dependent on market conditions. The notices and results of each operation are disseminated via electronic means designated by BOJ.