Tradeweb completes first fully electronic SOFR swap spread trade
Tradeweb Markets has completed the first fully electronic institutional Secured Overnight Financing Rate (SOFR) swap spread trade.
SOFR
FCA encourages market participants to switch to SOFR
The FCA encourages liquidity providers in the US dollar linear interest rate swaps market to adopt new trading conventions based on SOFR.
ICAP (Hong Kong) executes SOFR and HONIA CNH offshore swaps
ICAP (Hong Kong) has brokered two landmark transactions as the market transitions from LIBOR and HIBOR based fixings.
Standard Chartered completes USD/HKD cross currency swap referencing HONIA and SOFR
The successful completion of the transaction provides market participants with additional hedging instruments as LIBOR-based instruments fade out.
