News
Interest Rate Derivatives
Interest Rates, FX & Oil updates: July 2025
By Jessica Kalaria
14 Jul 2025
Market Data
Uncovering FX and Yield divergences with TraditionData’s broker-sourced data
By Akshay Gupta
27 Jun 2025
FX & Money Markets
Israel-Iran conflict impact on FX Options volatility
By John Crisp
25 Jun 2025
Interest Rates & FX updates: June 2025
11 Jun 2025
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SARON (Swiss Average Rate Overnight) is a new reference rate for the Swiss franc overnight market. It is designed to replace the current reference rate, the Swiss Interbank Offered Rate (CHF LIBOR), which was phased out on the 31st Dec 2021.
SARON is based on transactions and quotes posted in the Swiss repo market and was first cleared in October 2017, with SARON futures available since October 2018.
Unlike CHF LIBOR, SARON is calculated and published on a daily basis, providing more frequent and up-to-date information. Additionally, SARON is based on a larger and more diverse pool of data than traditional reference rates, providing greater transparency and stability.
Key features of SARON include:
By transitioning to SARON and subscribing to our data packages, financial services professionals can ensure they are receiving the most accurate and up-to-date information and are contributing to a more stable and fair financial market.
*SARON is not part of the TraditionData ARR package, and is only available in the stand-alone Gottex package.
To determine the interest rates for a range of financial instruments such as bonds, swaps and futures
To set the benchmark for pricing of financial products
As a way to evaluate the performance of investments
To manage risk and determine the cost of borrowing and lending
As a way to assess the market conditions and determining investment strategies.
SONIA: An Alternative Reference Rate for the United Kingdom’s Financial Markets
Insight
The importance of high-quality OTC data in navigating inflationary uncertainty
By Ian Sams
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
27 Jun 2023
Rates market turmoil boosts demand for modelled LIBOR alternatives
17 May 2023