ISDA Benchmark Forum – Alternatives to USD LIBOR

Edward Ocampo, Quantile’s advisory director, recently spoke at the ISDA Benchmark Strategies Forum in London to discuss the alternatives to USD LIBOR.

The use of SOFR has increased significantly since the CFTC’s SOFR First initiative in 2021. At the same time, the volume of new USD LIBOR trades has fallen sharply following announcements from regulators that USD LIBOR should not be used for new transactions, except in limited circumstances.

The panel, featuring Quantile, CME and market participants Nomura, Goldman Sachs and J.P. Morgan, discussed how these restrictions are leading to rising costs for end-users.

To read Risk.net’s coverage of the panel >