In a matter of weeks 30 LIBOR settings either cease to exist or become non-representative.

Libor Archives - Markets Media

24 of the 35 LIBOR setting will no longer be available from 1 January 2022.

Around 85% of Tradeweb's most active clients are now using SOFR.

The conversion of these contracts represents a significant milestone in the LIBOR transition.

SOFR average daily volume increased over 250% from a year ago.

Trading conventions for USD leg of new cross-currency derivatives will switch on December 13.

Most LIBOR panels will cease at the end of this year.

Clearing may be affected by the move to alternative reference rates.

The amendments aim to ensure a smooth benchmark transition.

US dollar LIBOR will not be allowed in most new contracts written after 31 December 2021.