CME expects to remain largely unaffected by NYSE Libor deal

Despite NYSE Euronext's adoption of administration duties relating to the London Interbank Offered Rate, CME Group expects no changes to its interest-rate futures business. While CME did have a long-term contract with the previous Libor administrator, the British Bankers' Association, the new NYSE subsidiary that will now oversee the Libor will reportedly honor all of the BBA's existing contracts.

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