OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
CFTC Chairman Gives Remarks at FSB Meeting on…
Washington, DC — Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo joined Randal K. Quarles, Chair of the Financial Stability Board (FSB) and Vice Chairman of Supervision, Board of Governors of the Federal Reserve System,…
Progress on Benchmark Reform
Good morning and thanks to ISDA for the opportunity to speak here today. It has been almost two years since Andrew Bailey announced that the FCA (the UK Financial Conduct Authority) would no longer use…
Progress on the Transition to Risk-Free Rates
I am pleased that we have this opportunity to meet with many of the institutions active in helping to achieve a transition from LIBOR to the risk-free rates identified by working groups in each of…
CME Group Announces First OTC SOFR Swaps Cleared
CHICAGO, Oct. 9, 2018 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced five market participants have cleared trades worth more than $200 million in notional value of over-the-counter (OTC) Secured Overnight Financing Rate (SOFR)…
Introductory Remarks – Vice Chairman for Supervision Randal…
[caption id="attachment_310370" align="alignleft" width="300"] Randal K. Quarles[/caption] Good morning. I am sorry that I cannot be with you in person for this third roundtable hosted by the Alternative Reference Rates Committee (ARRC), but I wanted…
Key Fed Figure Says Reference Rate Reform a…
[caption id="attachment_213965" align="alignleft" width="131"] William C. Dudley President of Federal Reserve Bank of New York[/caption] A key Federal Reserve official said reference rate reform remains a work in progress. William Dudley is the President of…