An estimated $5 trillion of exposures reference USD LIBOR after June 2023.
The analysis is based on transactions publicly reported by 30 European APAs and venues.
DLR has executed $35bn in average daily volume in the first weeks since launch.
Corporate bond trading platform built on DLT will use Validus for surveillance and monitoring.
The average monthly ISDA-Clarus RFR Adoption Indicator increased.
Firms will continue the digital transformation of fixed income trading by harnessing the power of voice data.
IBA expects to consult on the potential cessation of USD LIBOR ICE Swap Rate.
Clients can automatically combine FX and digital asset legs to derive a cross rate with a tighter spread.
Tradeweb’s live prices for US corporate bonds will stream on Boerse Stuttgart’s bond order book.