Derivatives market participants and the crypto-asset community will develop common legal standards.
Around 85% of Tradeweb's most active clients are now using SOFR.
FTX US Derivatives and FTX US plan to implement cross-market crypto surveillance.
Liquidity has grown significantly in CME's cryptocurrency futures and options.
SOFR average daily volume increased over 250% from a year ago.
Trading conventions for USD leg of new cross-currency derivatives will switch on December 13.
The contract offers the market a way to access and hedge a global price for carbon.
The exchange launched on March 29 this year.
The exchange has started trading seven new FX futures on Scandinavian currencies.