
An Update on the LIBOR Transition and Why It Matters for Wall Street and Main Street
Exchanges
00:00
Navigating the LIBOR Transition
This chapter examines the transition from LIBOR to alternative benchmarks like SOFR, focusing on the critical role of the ISDA protocol in updating legacy contracts. It highlights the economic risks of failing to adapt and the complex challenges in modifying existing contracts across various global markets.
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