The administration unit of the US exchange group is working to reform Libor
The benchmark unit of the Intercontinental
Exchange has passed a milestone in its reform of the Libor by
publishing the industry’s feedback on its
consultation which showed support for casting the net wider to
make the benchmark more representative.
ICE Benchmark Administration Limited
published a statement based on feedback from more than 160
firms including the world’s top banks, central
banks, brokers, asset managers and hedge funds.
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