Eurex’s new Swiss rate futures in naming pickle

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Eurex is set to rename a recently launched futures contract referencing Switzerland’s new risk-free rate (RFR), after it broke with the convention used by other exchanges.

Currently, the contract is named after the last month in each accrual period, rather than the first, which could potentially confuse users and ignores advice from a working group led by the Swiss National Bank.

“It’s mixed some people up but we’ve been reassured it will be changed,” says a rates trader at one European bank.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]