News
FX & Money Markets
Navigating market shifts with real-time FX insights
By Sal Provenzano
20 Dec 2024
Energy & Commodities
End of Day Eastern European Power – product enhancement
By Francesca Marrone
19 Dec 2024
Market Data
Want to stay ahead in Mexico’s fast-changing swaps market?
By Ian Sams
10 Dec 2024
Tradition extends outperformance in November 2024
5 Dec 2024
"*" indicates required fields
Δ
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 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
27 Jun 2023
Rates market turmoil boosts demand for modelled LIBOR alternatives
17 May 2023