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CBOE and EFP to Launch Lending Exchange

September 16, 2015 by Louis Chunovic

Environmental Financial Products, LLC (EFP) and CBOE Holdings, Inc. (CBOE) report their intention to launch the American Financial Exchange (AFX), an electronic marketplace for small and mid-sized banks looking to lend and borrow short-term funds. AFX will also feature weekly auctions of a new, transaction-based benchmark rate for U.S. interbank lending, to be called Ameribor…. Read More >>

Filed Under: General Interest, AML/Fraud/Financial Crime, Regulation & Compliance, Industry News Tagged With: AFX, Ameribor, American Financial Exchange, CBOE, EFP, Environmental Financial Products, lending, LIBOR, transparency

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