An efficient electronic market is essential to ensuring transparent and robust liquidity in long-dated bonds.
The introduction of new fallbacks for derivatives contracts is expected to reduce systemic risk.
The powers will help manage tough legacy’ contracts that cannot transition from LIBOR.
FOMC takes historic actions to combat coronavirus and stabilize financial markets.
Once again, the Fed and its speakers take center stage.
The market operator plans to double down on Treasuries as it closes NLX.
Fed speakers keep traders interested amid a seasonal slowdown.