The Market Risk Advisory Committee to Meet on July 13 Meeting to discuss the MRAC will receive final reports from the CCP Risk and Governance Subcommittee and a status report from the Interest Rate Benchmark Reform Subcommittee. In addition, the MRAC will vote on a recommendation from the Interest Rate Benchmark Reform Subcommittee for a market best practice that prioritizes derivatives trading in the Secured Overnight Financing Rate (SOFR) for particular market segments, otherwise known as SOFR First. Full details, including agenda, here.
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