{"id":8952,"date":"2018-11-16T09:00:56","date_gmt":"2018-11-16T14:00:56","guid":{"rendered":"http:\/\/centerforfinancialstability.org\/wp\/?p=8952"},"modified":"2018-11-15T18:40:10","modified_gmt":"2018-11-15T23:40:10","slug":"sandor-on-creation-and-evolution-of-new-markets-the-case-of-interest-rate-benchmarks","status":"publish","type":"post","link":"https:\/\/centerforfinancialstability.org\/wp\/2018\/11\/16\/sandor-on-creation-and-evolution-of-new-markets-the-case-of-interest-rate-benchmarks\/","title":{"rendered":"Sandor on &#8220;Creation and Evolution of New Markets: The Case of Interest Rate Benchmarks&#8221;"},"content":{"rendered":"<p>Dr. Richard Sandor &#8211; CFS Advisory Board Member and CEO of the American Financial Exchange (AFX) delivered remarks &#8220;Creation and Evolution of New Markets: The Case of Interest Rate Benchmarks&#8221; at a recent CFS roundtable.<\/p>\n<p>Richard discussed the new Secured Overnight Financing Rate (SOFR) and American Interbank Offering Rate (Ameribor) &#8211; which is a new transaction-based interest rate based on actual overnight, unsecured transactions. As a perennial financial entrepreneur, his comments on LIBOR, financial innovation and the seven stages of market creation were especially noteworthy.<\/p>\n<p>For the presentation: <a href=\"http:\/\/centerforfinancialstability.org\/research\/Sandor-11-16-18.pdf\">http:\/\/centerforfinancialstability.org\/research\/Sandor-11-16-18.pdf<\/a><\/p>\n<p>For more on the AFX and Ameribor, please request a briefing pack from Rafael Marques at rmarques@theafex.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dr. Richard Sandor &#8211; CFS Advisory Board Member and CEO of the American Financial Exchange (AFX) delivered remarks &#8220;Creation and Evolution of New Markets: The Case of Interest Rate Benchmarks&#8221; at a recent CFS roundtable. Richard discussed the new Secured &hellip; <a href=\"https:\/\/centerforfinancialstability.org\/wp\/2018\/11\/16\/sandor-on-creation-and-evolution-of-new-markets-the-case-of-interest-rate-benchmarks\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,24],"tags":[],"class_list":["post-8952","post","type-post","status-publish","format-standard","hentry","category-banking-and-shadow-banking","category-cfs-news"],"_links":{"self":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/8952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/comments?post=8952"}],"version-history":[{"count":1,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/8952\/revisions"}],"predecessor-version":[{"id":8953,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/8952\/revisions\/8953"}],"wp:attachment":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/media?parent=8952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/categories?post=8952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/tags?post=8952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}