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Rethinking retail: the hidden edge in equity strategies
By Ian Sams
16 Sep 2025
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US Power – Product Enhancement
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Tradition extends lead as premier IDB for DV01 USD trades
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Interest Rates updates: September 2025
By Jessica Kalaria
12 Sep 2025
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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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