CME Readies Libor Benchmark Substitute For October Launch

By Catherine Lafferty ( August 22, 2018, 5:43 PM BST) -- Derivatives market giant CME Group announced Wednesday that it will launch futures linked to the Sterling Overnight Index Average in October, amid growing calls by regulators for banks and market operators to stop using the London Interbank Offer Rate, which has been plagued by scandal....

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