Tradition sees demand for SOFR data.

TraditionDATA, the inter-dealer broker's data arm, has seen a rise in demand for SOFR data as trading activity in the benchmark rate increased during January 2020. In response to industry concerns, the International Swaps and Derivatives Association (Isda) is holding a consultation on whether fallback rates should be included as standard in the Isda contract terms. [Extracted from the article]