Interdealer brokers should replace trading of Libor linear swaps with SOFR from July 26.
Interdealer brokers should replace trading of Libor linear swaps with SOFR from July 26.
There has been more institutional volume than anticipated.
Firms want to modernize and simplify post-trade ecosystems.
The extension complements upcoming launch of Cboe Europe Derivatives and acquisition of Chi-X Asia Pacific.
Open interest in Sonia futures and options has reached a record.
Open interest across ICE’s global environmental complex is up 16%.
The definitions use formulae instead of legal narrative to make them easier to consume by machines.
Sterling LIBOR ICE Swap Rate for all tenors will cease publication on December 31.
Average daily volume in CME’s U.S. Treasury futures and options grew more than 30% year-over-year.
