Dealers issue rallying cry for cross-currency benchmark reform

Global banks need to drive new standards for multi-rate swaps, say leading industry execs at Risk Live

Banking call: senior execs warn national regulators might not be best placed to tackle fragmentation dangers

Senior derivatives executives have called on the banking industry to take the lead in shifting cross-currency derivatives to a new set of risk-free rates (RFRs) intended to replace Libor, warning national regulators might not be best placed to tackle the dangers of fragmentation.

Charles Bristow, head of rates, fixed-income financing and credit portfolio trading at JP Morgan, last week called on global dealers to get more engaged in driving new standards for cross-currency swaps and other

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: