US Exchange operator CME is launching Two futures contracts tracking the May. interest rate on 1 October , subject to regulatory clearance. The exchange’s UK counterpart CurveGlobal launched its own three-month SONIA interest rate futures contracts earlier this year. 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 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