ISDA launches search for benchmark administrator

02/24/2014 | Reuters

ISDA is looking for an administrator to handle the ISDAFIX benchmark and has started inviting tenders. "The tender is the latest step in ISDA's process to align ISDAFIX with evolving best practices in the setting of benchmark rates by establishing a fully automated rate-setting process," according to the association. Read ISDA's news release.

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