Cme group selected to administer arrc's forward-looking sofr term rates

Chicago, may 21, 2021 /prnewswire/ -- cme group, the world's leading and most diverse derivatives marketplace, today was selected by the alternative reference rates committee (arrc) to publish its recommended forward-looking secured overnight financing rate (sofr) term rates, following a robust request for proposals (rfp) process. cme sofr term reference rates for 1-month, 3-month and 6-month tenors became available for licensing on april 21, 2021.
CME Ratings Summary
CME Quant Ranking