With connectivity to Bond Port, ION’s LatentZero clients can instantly access a large liquidity network of 2,500+ clients in over 65 markets with firm pricing in over 25,000 instruments, trading in 19 currencies.
The deadline to transition from IBORs to alternative risk free rates (RFRs) for some currencies is drawing closer and one of the critical aspects challenging the smooth transition of loan books relates to the fact that RFRs are fundamentally different from IBORs. RFRs are overnight rates and are only used to price overnight instruments.
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