Results of periodic monitoring of TORF Official Rates, etc.
QUICK Benchmarks Inc.
QUICK Benchmarks Inc. (QBS) conducted periodic monitoring of TORF Official Rates, etc. from May 1, 2022 to July 31, 2022, based on the TORF Operational Rules (“Rules”). Based on the results, and in accordance with the Policy on Treatment of Revisions to TORF Official Rates, etc. (hereinafter referred to as the “Revised Policy”), QBS announce the results as follows.
From the monitoring, a part of reported data from a reporting broker was detected to be omitted, and the following were observed to have an impact on the Official Rates. QBS have reminded the reporting broker who made these erroneous reports to ensure that data reports are accurate in accordance with the Code of Conduct and to promptly report any erroneous data to QBS. QBS also reminded reporting brokers equally to report accurate data in accordance with the TORF Code of Conduct once again.
| Date | Principal | Impact on Official Rates | Revision of Official Rates |
| Jun. 8, 2022 | Reporting broker | No | No |