LIBOR Edition 

Spencer Doar

Spencer Doar

Editor

This Thursday, Cboe Futures Exchange will be launching AMERIBOR (American Interbank Offered Rate) futures. AMERIBOR is the brainchild of Richard Sandor, chairman and CEO of the American Financial Exchange, and is an alternative to LIBOR (London Inter-bank Offered Rate).   

In this episode of “The Spread,” we look at the history of the LIBOR, a financial innovation that grew to underpin trillions of dollars of derivatives contracts before becoming the centerpiece of one of the largest financial scandals of our time. 

Produced by Mike Forrester 

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The Spread: Remembering Joe Sullivan

The Spread: Remembering Joe Sullivan

This week on The Spread, a binary options fraudster is charged by the CFTC, the father of the VIX publishes a paper on leveraged ETPs, and we take a moment to remember the remarkable life of Joseph Sullivan.

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