Sionic speaks to Best Execution about reaching the LIBOR end goal

We believe market participants would like to see a fully liquid market before transitioning

Sionic Managing Partner Xavier Pujos speaks to Lynn Strongin Dodds at Best Execution about the challenges to meet the LIBOR deadline including limited liquidity in the alternative reference rates (ARR) and uncertainties on term rates and operational issues.  (This article was compiled before the period in which a possible 18 month delay arose for US Dollar LIBOR.)

You can read the full article here.