Micro WTI Crude Oil futures surpass 50,000 contracts traded.
Micro WTI Crude Oil futures surpass 50,000 contracts traded.
SOFR First has four phases with phase one for US dollar linear swaps on July 26 2021.
Following CFTC approval, the new contract will be available to U.S. market participants upon launch.
This comes ahead of LIBOR’s cessation on 31 December 2021.
A briefing paper supports alignment of the clearing obligation under the EMIR and MiFID II.
Total volume was up 25.6% from a year ago.
Participants based in North America increased by more than 70%.
ICE can offer trade reporting services for single-name credit derivatives in the U.S.
Contracts will be on the Bloomberg Barclays MSCI Euro Green Bond SRI and Euro Corporate SRI indexes.
