Notices

Short Sterling

From Traderpedia

Definition:
Three month (hence "short") interbank interest rate on Sterling deposits.


Short Sterling prices are based on the British Bankers’ Association London Interbank Offered Rate (LIBOR) for three month sterling deposits in units of £500,000.00

Short Sterling futures are traded widely by locals at trading arcades and are available for trading on the LIFFE exchange.

[edit] See also