Singapore transitioning to new benchmark rate for its S$3.5 trillion derivatives market - The Online Citizen

By the end of 2020, Singapore is looking to set up active derivatives trading off a transition benchmark rate that is known as the Singapore Overnight Rate Average (SORA). This is an effort to move away from the Sing-dollar Swap Offer Rate (SOR) that supports the S$3.5 trillion derivatives market. SORA will be the new […]

from Opinion Archives - The Online Citizen
Read The Rest:theonlinecitizen...