All posts tagged "SOR"
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377Market InfrastructureLCH Extends Central Clearing for SORA Derivatives to 31 Years
The extension will encourage further development of the SORA derivatives market and deepen liquidity in longer tenors of SORA OIS.
June 21, 2022 -
450JapanJapan FSA Revises Rules on Best Execution Policy
Securities firms are required to provide customers with easy-to-understand descriptions of their best execution policy.
May 28, 2022 -
450Market InfrastructureSingapore Consults on Adjustment Spreads for Legacy SOR Contracts
Declining liquidity in the SOR-SORA basis swap market is causing difficulties in pricing adjustment spreads used to covert legacy SOR contracts to SORA-based contracts.
May 19, 2022 -
455Feature
LCH Set to Switch Discounting, PAI Rate from SOR to SORA
LCH is switching its discount curves and PAI rate on SGD-denominated cleared swaps from SOR to SORA on 9 August.
August 8, 2021 -
265Market InfrastructureSingapore Offers Guidance on Converting Legacy SOR Contracts
Guidance is offered on wholesale markets, corporate loans, derivatives, bonds and retail loans. A public education campaign will start in September 2021.
July 30, 2021 -
551Market InfrastructureDBS, StanChart Execute First SORA Interbank Option Trade
The interbank option trade was executed to manage market risk arising from a SORA interest rate option, which was also an industry first.
June 1, 2021 -
1.3KSecurities / DerivativesMAS Raises Focus on Fund Liquidity Risk Practices
MAS wants funds to increase the frequency of liquidity risk monitoring and to extend reporting of significant redemptions to non-retail funds.
May 31, 2021 -
371SingaporeSORA Property Loans Provide Interest Rate Stability: UOB
Borrowers say the certainty, transparency and stability are key factors affecting their willingness to choose SORA-based loan products.
April 8, 2021 -
436FeatureSingapore Announces End-date for SOR Derivatives
Banks are asked to cease issuance of SOR derivatives and SIBOR-linked financial products by end-September 2021.
April 1, 2021 -
611EnforcementNew York Court Reinstates SIBOR Manipulation Lawsuit
The case is being reinstated to allow Fund Liquidation Holdings LLC to pursue claims against 18 banks on behalf of two defunct funds that initially launched the lawsuit.
March 19, 2021
