Financial Services Financial Services

Libor-linked Eurodollar futures lag in move to SOFR but headed on right course, NY Fed official says

By Neil Roland and Laina S. Miller
  • 23 Mar 2022 21:04
  • 23 Mar 2022 21:04
Market participants in Eurodollar futures, the largest exchange-traded Libor derivatives market, have dragged in switching to the Secured Overnight Financing Rates preferred by regulators but their transition is picking up steam, a US Federal Reserve Bank of New York official said.
“It's true that progress there has been a bit

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Neil Roland

Senior Correspondent


Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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