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/PRNewswire/ The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions,. ....
<p><span>The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced an agreement to license AMERIBOR to IntraFi Network (formerly Promontory Interfinancial Network), which provides innovative deposit and funding solutions to thousands of the nation’s banks. </span></p> ....
American Financial Exchange® Announces Agreement With Numerix To Publish Spot AMERIBOR® Term Structure Interest Rates Date 25/05/2021 The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced that AFX and Numerix, LLC (Numerix), the leader in risk technology, signed an agreement to publish spot AMERIBOR term structure of interest rates. The new rates will be calculated from the AMERIBOR overnight unsecured AMERIBOR cash rate and implied forward rates from AMERIBOR futures prices using Numerix’s proprietary software and yield curve algorithm. Numerix’s pricing technology provides AFX with flexibility in choosing the yield curve components, as well interpolation and extrapolation, follows all market conventions, and reprices all curve components in a consistent manner. ....