News
Energy & Commodities
End of day European Light End – Product enhancement
By Francesca Marrone
29 Nov 2024
Energy Market Overview: Oil Price Decline and Renewed Focus on Fossil Fuels
22 Nov 2024
FX & Money Markets
Post-Election Market Rally: USD Appreciation and Central Bank Rate Cuts
By Sal Provenzano
18 Nov 2024
Interest Rate Derivatives
Interest Rate Derivatives Updates: November 2024
By Jessica Kalaria
13 Nov 2024
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CORRA (Canadian Overnight Repo Rate Average) is a new alternative reference rate for the Canadian dollar overnight market. Enhanced methodology was recommended, and the Bank of Canada (BOC) took over publication in June 2020. It is designed to replace the current reference rate, the Canadian Dollar LIBOR (CDOR), which was phased out at the end of 2021.
CORRA is based on actual transactions in the Canadian dollar overnight market, making it more robust and reliable than CDOR. Additionally, it is calculated and published on a daily basis, providing more frequent and up-to-date information. The use of CORRA also promotes greater transparency and fairness in the market.
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Determining interest rates for loans and mortgages
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Insight
The importance of high-quality OTC data in navigating inflationary uncertainty
By Jim Mahn
9 Oct 2023
Tradition appointments to the CFTC Global Markets Advisory Committee (GMAC) & associated Subcommittees
By TraditionData
27 Jul 2023
Data insights key for financial players to capitalise on SORA
By Ian Sams
27 Jun 2023
Rates market turmoil boosts demand for modelled LIBOR alternatives
17 May 2023