LIBOR, LTAF, crypto, SDR and Brexit
'Synthetic LIBOR will not last'
Japanese yen LIBOR to end in 2022
Developed in conjunction with IHS Markit
Tullett Prebon's chief executive Terry Smith wrote a letter to the International Swaps and Derivatives Association (ISDA) back in 2010 to question the rate setting process, but was ignored, the Telegraph reports.
So, Greece has been saved - is that right? According to ISDA (the International Swaps and Derivatives Association) a "Restructuring Credit Event has occurred with respect to the Hellenic Republic" which in the vernacular means the Greeks are bust - tell...