Lingering Euribor may hit €STR futures prospects
Bourses question viability of euro RFR contracts as Euribor reform efforts remove transition incentives
Regulators in the eurozone could be hobbling their own chances of building liquidity in the forthcoming euro short-term rate, or €STR, via their parallel efforts to keep Euribor alive – perhaps permanently – causing some exchange operators to question the commercial viability of launching products tied to the new benchmark.
Euribor is on a divergent path to its sterling Libor cousin, which will be left to die after 2021 when the UK’s Financial Conduct Authority will stop compelling banks to
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