*Subject to regulatory approval
CME Group’s leading economist Erik Norland gives his thoughts on what 2019 will mean for the OTC market.
16 institutions have issued a total of $26.1B notional in floating rate instruments tied to SOFR
*Notional shown for illustrative purposes only, computed based on the value of an equivalent money market instrument with the same dollar-value-of-basis-point (DV01)
Source: CME Group Data