John Lothian News Special Report: The Launch of Ameribor

Sarah Rudolph

Sarah Rudolph

Managing Editor & Head of Editorial Operations

On Friday, August 16, The American Financial Exchange (AFX), headed by Dr. Richard Sandor, will launch the first futures on the Ameribor, an index designed to be a replacement for Libor, which had become badly tarnished by a manipulation scandal. The new futures contracts belong to AFX but will be traded on the Cboe Futures Exchange.

John Lothian News has prepared this special report, sponsored by RPM and Connamara, in order to educate and prepare the trading community for this historic launch and highlight the importance of an American benchmark.

This report brings together several pieces JLN has done around the Ameribor launch and Libor. We begin with a Q&A in which Jim Kharouf speaks with Dr. Sandor about the launch of the new contracts and the evolution of the interest rate benchmark space.

We also have a piece by Thom Thompson on the other alternative reference rates being introduced as Libor replacements, particularly as the bases for OTC swap contracts.

A special episode of our video series “The Spread” with Spencer Doar explores the history of Libor and the fallout from the manipulation scandal as well as what the future holds for interest rate benchmarks.

We also have John Lothian’s backgrounder on Sandor and how the Ameribor works, and what sets it apart from other STIR benchmarks, as well as a compilation of stories about AFX and Cboe and interest rate benchmarks from other news sources.

Read our special report HERE.

John Lothian Newsletter

Today's Newsletter

Wave Goodbye to Libor. Welcome Its Successor, SOFR

Wave Goodbye to Libor. Welcome Its Successor, SOFR

First Read Grayscale wants digital asset regulators and investors to get along Matt Raebel - John Lothian News When you lose your digital assets, there isn't exactly a 1-800 number you can call to seek legal recompense. It's still the Wild West...

We visit more than 100 websites daily for financial news (Would YOU do that?)

Now Read This

Weekend Update: December 2-6 2019

JLN PRESS ROOM PICK OF THE WEEK Alan Palmer – Open Outcry Traders History Project Alan Palmer came to the exchange as a 13-year-old and fell in love. He was hired the next summer as a runner on the trading floor. He has traded at the...

BlockFi

BlockFi

BlockFi, the cryptocurrency financial institution that lends U.S. dollars against bitcoin and other cryptocurrency collateral, has begun offering zero-fee trading on its own platform.

Pin It on Pinterest

Share This