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SONIA Illiquidity Could Explain Disconnect in BOE Peak Rate Pricing

SONIA Illiquidity Could Explain Disconnect in BOE Peak Rate Pricing

1207 GMT - The illiqiud nature of U.K. s Sterling Overnight Index Average (SONIA) contracts could be behind the disconnect between market pricing of the Bank of England s peak rate. ....

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FTSE 100 Closes Up 0.5% as Sage Group Shines

The FTSE 100 Index closed Wednesday up 0.5% to 7500 points, amid a positive session for European markets despite a fall in mining and oil-exposed stocks on the back of lower commodity prices, CMC Markets UK chief market analyst Michael Hewson said in a. ....

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