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The operator of exchanges and a key interest rate benchmark is building a signpost to help guide the industry.
Intercontinental Exchange (ICE), an operator of stock exchanges and clearinghouses, including the New York Stock Exchange, reports that its ICE benchmark administration (IBA) has published a roadmap for the evolution of ICE Libor, formerly the BBA’s (British Bankers’ Association) Libor. Libor is, of course, the London interbank offered rate, a measure of major London banks’...
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