{"id":176324,"date":"2022-04-22T19:41:00","date_gmt":"2022-04-22T23:41:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/trading-lessons\/what-is-sofr\/"},"modified":"2026-07-01T13:24:30","modified_gmt":"2026-07-01T17:24:30","slug":"what-is-sofr","status":"publish","type":"trading-lessons","link":"https:\/\/www.interactivebrokers.com\/campus\/trading-lessons\/what-is-sofr\/","title":{"rendered":"What is SOFR?"},"content":{"rendered":"<p><a href=\"https:\/\/www.cmegroup.com\/education\/courses\/introduction-to-sofr\/what-is-sofr.html\">Original study notes from CME Group Education<\/a><\/p>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Already an Interactive Brokers Client?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/ndcdyn.interactivebrokers.com\/mkt\/?src=taSOFRRTP&#038;url=%2Fsso%2Fresolver%3Faction%3DAccountSettings%26config%3DTradingPermissions\" target=\"_blank\" rel=\"noreferrer noopener\">Request Trading Permissions<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>New to Interactive Brokers?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/ndcdyn.interactivebrokers.com\/mkt\/?src=taSOFRAcc&#038;url=%2FUniversal%2FApplication\" target=\"_blank\" rel=\"noreferrer noopener\">Open Account<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>In November 2014, the U.S. Federal Reserve convened the Alternative Reference Rate Committee (ARRC.) The ARRC\u2019s objective was to identify a set of alternative reference interest rates firmly based on transactions from a robust underlying market that comply with the International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks and to identify an adoption plan to facilitate the acceptance and use of the chosen rate.<\/p>\n","protected":false},"author":850,"featured_media":176325,"parent":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"contributors-categories":[13577],"traders-academy":[13125,13128,13132],"class_list":["post-176324","trading-lessons","type-trading-lessons","status-publish","has-post-thumbnail","contributors-categories-cme-group","traders-academy-beginner-trading","traders-academy-level","traders-academy-trading-lesson"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized 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