US Exchange operator CME is launching Two futures contracts tracking the May. interest rate on 1 October , subject to regulatory clearance. The moves to provide an alternative benchmark to Libor follows the introduction of the SOFR ’s CME futures in SONIA
US Exchange operator CME is launching two futures contracts tracking the SONIA interest rate on 1 October, subject to regulatory clearance. The moves to provide an alternative benchmark to Libor follows the introduction of the CME’s SOFR futures in May.