Unpacking the 20 most impact financial regulations from the last 20 years
The TRADE
APRIL 30, 2024
On 30 June 2023, Livor was replaced by the Secured Overnight Financing Rate (SOFR). Traditionally, many securities transactions have settled on a T+2 basis, in which buyers receive ownership of a security and the seller receives payment two business days after the trade date.
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