Two key events in the derivatives market have helped to build SOFR liquidity in recent weeks, but sources worry that the target of no new Libor contracts after year-end will be difficult to achieve
Speakers at a Bloomberg event defended the use of multiple rates to replace USD Libor, arguing that it has helped the market in numerous ways and is the sign of a healthy ecosystem
Two major announcements by the Bank of England and the EU Commission last week ended put an end to months of deadlock, put sources say this is only a temporary remedy
The UK watchdog also clarified use cases for synthetic Libor rates, putting a definitive end to any form of speculation as to the rate’s continuation beyond year-end
Two major announcements by the Bank of England and the EU Commission last week put an end to months of deadlock, but sources say this is only a temporary remedy
The UK watchdog has released a discussion paper on SDR for asset managers and on a new labelling system for sustainable investment products, which sources say decomplexify the EU’s SFDR rules