CME Group
Sources say the FCA’s decision to extend the benchmark’s use in certain tenors reflects the failure to transition all contracts before the June deadline
Despite many bumps in the road, US market participants are largely well-prepared ahead of the benchmark’s discontinuation on June 30
Despite a small dip in SOFR trading activity last month, market participants at the NY Fed’s latest Libor event all hailed the progress achieved on the transition away from USD Libor
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