Brokers may flout deadline to darken US dollar Libor screens

Libor-screens-should-be-switched-off-say-regulators — Risk.net montage

- By Ben St. Clair
- 09 Aug 2021

Interdealer brokers say they may continue to show US dollar Libor swap prices even after regulators have called for screens to go dark in October.

Under the SOFR First initiative, which is promoting a move to the secured overnight financing rate, brokers are being asked to switch off US dollar Libor swap screens altogether after October 22. But two brokers plan to defy those demands, citing

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