John Lothian News Special Report: The Launch of Ameribor


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

Crypto Scammers Pose as Journalists, NFT Projects on Twitter; A New Prediction Market Lets Investors Bet Big on Almost Anything
First Read Hits & Takes John Lothian & JLN Staff Yesterday we published an interview with Blue Ocean Technology CEO Bryan Hyndman about the firm and the role they play in offering electronic access to U.S. National Market System equities during overnight hours...
We visit more than 100 websites daily for financial news (Would YOU do that?)
Now Read This
Term of The Week – 4 More Terms! – May 27, 2022
TERM OF THE WEEK: Term of The Week – 4 More Terms!
A divergence between the VIX fear gauge and the stock market is sending mixed signals to investors as they search for a bottom amid the latest sell-off
Observations & Insight Cboe's Rob Hocking Talks Nanos and New Tools for the Retail Investor JohnLothianNews.com Rob Hocking, senior vice president, head of derivatives strategy at Cboe Global Markets, met with John Lothian News at FIA Boca 2022 to discuss the...
Huobi
Huobi Global, a crypto exchange registered in the Seychelles, has acquired the Latin American crypto exchange Bitex to expand its presence in the region, Huobi said Thursday.
Crypto Scammers Pose as Journalists, NFT Projects on Twitter; A New Prediction Market Lets Investors Bet Big on Almost Anything
First Read Hits & Takes John Lothian & JLN Staff Yesterday we published an interview with Blue Ocean Technology CEO Bryan Hyndman about the firm and the role they play in offering electronic access to U.S. National Market System equities during overnight hours...