News File

TFX launchs 6 month Euroyen LIBOR Futures

(26 October 2011)

Tokyo Financial Exchange (TFX) will launch a six month Euroyen LIBOR futures contract. The launch date has been set for the 30th January, 2012 after approval has been received from regulatory authorities.

By launching this contract, TFX will be listing both the existing three month TIBOR (Tokyo Interbank offered rates) and the new six month LIBOR (London Interbank offered rates) based Euroyen futures.

As is well known, LIBOR has been the principal index rate for the OTC interest rate derivatives market and TIBOR has been the principal index rate for the funds market. Therefore this parallel listing shall respond to the needs of TFX market participants.


For more information, contact
Tokyo Financial Exchange, Inc.
Institutional Marketing Group

Tel

: (03)4578-2438

E-mail

URL



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