While US derivative dealers have begun moving towards a post - LIBOR world , there are concerns that the transition is not progressing at a fast enough pace . Current low volumes of non - branded products could lead to poor market choices and reduce the size of the market ahead of the end of 2018 .
While US derivative dealers have begun moving towards a post-LIBOR world, there are concerns that the transition is not progressing at a fast enough pace. Current low volumes of SOFR-linked products could lead to poor fallback choices and reduce the appeal of the RFR ahead of the end of LIBOR.