Intercontinental Exchange, Inc. , a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited plans to launch GBP SONIA. | December 22, 2021
Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) plans to launch GBP
<p><span>Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) plans to launch GBP SONIA Spread-Adjusted ICE Swap Rate® for use as a benchmark in financial contracts and financial instruments by licensees on January 4, 2022.</span></p>
<p><span>The Working Group on Sterling Risk-Free Reference Rates, which is comprised of a diverse set of market participants, is working to catalyse a broad-based transition to SONIA by end-2021.</span></p>
<p><span>The Working Group on Sterling Risk-Free Reference Rates, which is comprised of a diverse set of market participants, is working to catalyse a broad-based transition to SONIA by end-2021.</span></p>