- Hear about updates from our previous LIBOR cessation event
- Learn what to look for over the next 8 – 10 months as yearend 2021 approaches
- Be informed about any changes in the timeline/guidance from the ARRC
- Understand potential market impacts as we approach the deadline
- Discover if the issuance of SOFR based product accelerated over the past year
- Understand how AMERIBOR plays with the regional banks and their lending base
Christina Ochs - President and CEO, Corporation for Interest Rate Management (CIRM)
Alex Roever, CFA - Head-US Rates Strategy, JP Morgan
Dr. Richard Sandor - Chairman and CEO, American Financial Exchange (AFX)
Moderator: Meredith Coffey - EVP of Research & Public Policy, Loan Syndications and Trading Association (LSTA)
Members - FREE
Nonmembers - $20
(member pricing underwritten by CFA Society Chicago)
*Limited Sponsorships available. Please contact Kim Augustyn at firstname.lastname@example.org.
CFA Institute Qualified Activity: Eligible for 1 credit hour
Zoom login information will be provided in the reminder email closer to the event. Registration closes at 5:00 PM on February 1, 2021.
4:00 PM - 5:00 PM CST: Program
Please log in a few minutes early to test your video and internet connections.
*Distribution of presentation slides is at the discretion of the speaker and may not be available for this event
Christina Ochs is president and CEO of the Corporation for Interest Rate Management (CIRM). Founded in 1981, CIRM has provided interest rate strategies for nearly 40 years and has managed interest rate risk on over $44 billion worth of debt in the past 3 years. Ochs leads a team of expert financial strategists in devising tailored interest rate hedging strategies and interest rate derivative products for corporate borrowers. She currently heads the LIBOR transition task force at CIRM and has been overseeing initial portfolio risk assessments and LIBOR transition plans for clients. Ochs has worked for CIRM for more than 17 years and has experience in every operational role. Since becoming CEO in 2011, she has led the expansion and diversification of the firm into new industries and international markets. CIRM is currently working on 263 projects globally in Real Estate, Aviation and Equipment Leasing.
Ochs earned an MBA from St. John’s University, Rome and a BA from New York University. She currently sits on the Women’s Board of the Museum of Contemporary Art, the board of the Chicago Chamber Music Society and the Advisory Board of Active Transport Alliance. Christina is a dedicated alpinist and in July 2019 she summited Mt. Everest.
Alex Roever, CFA, is the head of US Interest Rate Strategy for J.P. Morgan Securities LLC. His team covers US government securities markets, interest rate derivatives and money markets. He also coordinates research on the market impacts of financial regulation. Roever’s views appear regularly in US Fixed Income Markets Weekly, which is available to the firm’s institutional clients.
Institutional Investor magazine has named Roever to its All-America Fixed Income Research Team for several years, recognizing him with #1 rankings for the Fixed Income Strategy and Short Duration Strategy categories. His market views are frequently highlighted in the financial press, and he has been featured on CNBC and Bloomberg Television. Roever, a CFA charterholder, earned an MBA from Emory University, a MA in economics from Georgia State and a BA from Vanderbilt University.
Dr. Richard L. Sandor is an entrepreneur and economist who invents new markets. He currently is Chairman and CEO of the American Financial Exchange (AFX) established in 2015. AFX is an electronic exchange for direct interbank/financial institution lending and borrowing. The AFX flagship product, the AMERIBOR benchmark index, reflects the actual borrowing costs of thousands of regional, mid-sized and community banks across the U.S. He is also the CEO of Environmental Financial Products (EFP), which was the incubator to the Chicago Climate Exchange (CCX).
Known world-wide as the “Father of Financial Futures,” in 2002 he was named by TIME Magazine a “Hero of the Planet.” In 2007 as one of the magazine’s “Heroes of the Environment” for his work as the “Father of Carbon Trading.” In October 2013, Sandor was awarded the title of Knight of the Legion of Honor in France, for his accomplishments in the field of environmental finance and carbon trading. He served on the board of directors of leading commodities and futures exchanges such as the Chicago Mercantile Exchange, Intercontinental Exchange, Chicago Board of Trade, London International Financial Futures and Options Exchange and Tianjin Climate Exchange, as well as several philanthropic and non-for-profit organizations.
He authored and co-authored numerous academic and popular press publications on finance and environmental topics. His most recent, “Electronic Trading and Blockchain: Yesterday, Today and Tomorrow,” was published by World Scientific in April 2018. He earned Bachelor of Arts degree from the City University of New York, Brooklyn College, and a Ph.D. in economics from the University of Minnesota. In addition, he holds an honorary degree of Doctor of Science, honoris causa, from the Swiss Federal Institute of Technology (ETH).
Meredith Coffey is executive vice president of the Loan Syndications and Trading Association (LSTA). In this position as a member of the senior leadership team, she runs the Research Department and co-heads the LSTA’s public policy initiatives, which help facilitate continued availability of credit and the efficiency of the loan market. In addition, Coffey heads efforts to analyze current and anticipated loan market developments, helping the LSTA build strategy and improve market efficiency, and providing insight through weekly newsletters, periodic conferences, webcasts and media commentary.
Coffey is on the Alternative Reference Rates Committee (ARRC), which is working to transition from LIBOR to a successor rate; she co-chairs the ARRC’s Business Loans Working Group and the Loans Operations Sub-Group. She and the analyst team also engage market participants, press and regulators on issues and developments in the global loan market. Coffey has published analysis on the syndicated loan market in numerous books and periodicals, presents frequently, and has testified several times before Congress on issues pertaining to the loan and CLO markets.
Prior to joining the LSTA, Coffey was senior vice president and director of analysis focusing on the loan and adjacent markets for Thomson Reuters LPC, working in and running loan research for 15 years. Coffey has a B.A. in economics from Swarthmore College and a graduate degree in economics from New York University.
*Special Notes Regarding Fees
This event is complimentary for members only. Credit card required to guarantee all nonmember reservations. Visa, MasterCard, American Express, Discover and Diners Club are accepted. Registration online is required and closes at 5:00 PM on February 1, 2021. Cancellations for refunds accepted until 5:00 PM, January 29, 2021.
Members of any CFA society may attend at the CFA Society Chicago member rate. Please call the CFA Society Chicago office at 312-251-1301 to register. If you are only a member of CFA Institute, you do not qualify for the Society member rate.
CFA Institute CE Qualified Activity:
This program qualifies for credit under the guidelines for the CFA Institute Professional Development Program.