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ICE Benchmark Administration expands ICE Term SONIA Reference Rates methodology to include Tradeweb’s Dealer to Client data

Retrieved on: 
Tuesday, November 24, 2020
Finance, Banking, Professional services, Technology, Software, Finance, Money, Financial markets, Interest rates, Tradeweb, Intercontinental Exchange, Sonia, Futures contract, Tennessee Southern Railroad, Beta, ICE Benchmark Administration, Intercontinental Exchange, SONIA

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announces that ICE Benchmark Administration Limited (IBA) has expanded the input data used in its ICE Term SONIA Reference Rates Waterfall methodology to include Tradewebs dealer to client data.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announces that ICE Benchmark Administration Limited (IBA) has expanded the input data used in its ICE Term SONIA Reference Rates Waterfall methodology to include Tradewebs dealer to client data.
  • In July 2020, IBA launched an initial, beta version of its ICE Term SONIA Reference Rates (ICE TSRR).
  • We are pleased that ICE has chosen to include Tradeweb data in its Waterfall methodology for Term SONIA Reference Rates, said Lisa Schirf, Managing Director, Global Head of Data Strategy at Tradeweb.
  • ICE TSRR beta rates are published daily on the ICE Term Risk Free Rates (RFR) Portal , a comprehensive data source for market participants of risk free and alternative reference rates.

ICE Benchmark Administration Launches Beta Version of ICE Term SONIA Reference Rates

Retrieved on: 
Wednesday, July 8, 2020
Professional services, Data management, Technology, Software, Finance, Consulting, Banking, Money, Finance, Economy, Interest rates, Sonia, Reference rate, Intercontinental Exchange, Futures contract, Beta, Ice, Tennessee Southern Railroad, ICE Benchmark Administration, Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announces that ICE Benchmark Administration Limited (IBA) has launched an initial beta version of its ICE Term SONIA Reference Rates (ICE TSRR).

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announces that ICE Benchmark Administration Limited (IBA) has launched an initial beta version of its ICE Term SONIA Reference Rates (ICE TSRR).
  • IBA is publishing the beta rates for information and testing purposes in line with the UK Working Group on Sterling Risk-Free Reference Rates (RFR WG) priority roadmap for 2020.
  • We are pleased to support the development and adoption of alternative rates by launching ICE Term SONIA Reference Rates, said Tim Bowler, President of ICE Benchmark Administration.
  • ICE TSRR beta rates are published daily on the ICE Term RFR Portal which is designed to be a comprehensive alternative reference rates data source for market participants.