Category Archives: Forex Trading

Synthetic LIBOR: What It Means for LIBOR Transition

The FCA recommended a transition to alternative benchmark rates following the cessation of the publication of LIBOR rates in 2021. Different LIBOR substitutes were evaluated, including the Sterling Overnight Index Average (SONIA), which was hailed as a robust alternative. The U.K. Authority will slowly phase in SONIA as LIBOR’s replacement, part of international coordination for […]