SOFR is an overnight interest rate index derived from daily U.S. Treasury repo transactions and is the industry’s recommended index to replace the widely popular London interbank offered rate (Libor). In 2014 the Federal Reserve (Fed) assembled the ARRC, an industry group comprised of banks, top asset managers and large industry bodies, to select an alternative reference rate for the U.S., one which could prove resilient to market events and robust to prevent manipulation.
And, in 2017, the ARRC chose SOFR as the preferred new benchmark for dollar-denominated financial instruments.
The pages below help describe CME Term SOFR:
- Block Trades
- End of Market Summary
- Eris PAI Dataset
- Market Depth
- BrokerTec Historical Data
- Time and Sales
- Top of Book - BBO
- Volume and Open Interest
- Order Book AI
- STL INT Settlements
- GovPX Historical Data
- Packet Capture Dataset
- GovPX End of Day Historical Data
- Premium FX Feed Historical Data
- SOFR Strip Rates
- CME Liquidity Tool Datasets
- EBS Historical Data
- Registrar
- Collateral Eligibility Lists
- CVOL
- CME Group Petroleum Index
- AIR Futures
- FX Options Vol Converter
- OTC IRS Curves
- CryptoQuant
- Fixing Prices
- Historical Margin Data
- Asian Gold Spot
- Settlements FAQ
- CME Term SOFR
- Daily Bulletin
- Commodities Indices
- Repo Fund Rates
- TFS-ICAP FX Options
- MXN Price Alignment Amount Rate
- Cleared OTC IRS
- FX Close Quotes
- MBO FIX