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Calculating Cost of Carry upon LIBOR Transition

As the financial markets transition from LIBOR to the recommended appropriate risk-free rates (“RFRs”), the reference to “Average LIBO Rate” used in the calculation of…

Ready, Set, PDC!

March is about to get a facelift as “Primary Delayed Compensation (“PDC”) Protocol Goes Live Day” joins International Earth Day, St. Patrick’s Day and the…

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