The Financial Stability Board urges market participants to act now to complete its global transition roadmap.
CRITR and CRITS are the first credit sensitive rates based on extensive constituent bases.
MarketAxess' Live Markets will lead to more workflow automation on the buy side and sell side.
Lenders are looking for alternative interest rate benchmarks as LIBOR is phased out.
Fragmentation of clearing has taken on greater urgency due to ongoing volatility.
Institutions are rationalizing operations to address the complexities of a remote workforce.
The bond issuance process has been cut from days to hours.
The use of the Bloomberg Short-Term Bank Yield Index is growing in U.S. lending markets.
80% of tough legacy APAC bonds have inadequate or no fallbacks in place.
