Total Return Switch to SOFR for BCOM
After the announcement the BCOM collateral rate will switch from T-Bills to SOFR effective April 2026, we welcome you to join this webinar to provide more details on this change. Learn the new index calculation formula and how this will effect the operational aspects of BCOM.
Discussion Topics:
- Formula Explanation
- Operational Change
- Treatment of Product Licenses
Speakers
Kenneth M Hoefling
Global Head of Index Management and Production for Commodity, FX, and Crypto Indices
Bloomberg Indices
Ken Hoefling is the Head of Index Operations for Commodity, FX, and Digital Asset Indices at Bloomberg, where he leads the management and execution of index methodologies across multiple asset classes. With extensive expertise in index design, development, and operations, Ken plays a key role in ensuring timeliness, accuracy, integrity, innovation, and risk management of Bloomberg’s index offerings. Prior to joining Bloomberg, Ken managed core benchmarks of commodity and futures-based at S&P Dow Jones Indices. He also brings a wealth of trading experience, having served as a Senior Equity Trader on the portfolio trading team and as a NASDAQ market maker at Pershing LLC. His career began at Dain Rauscher Wessels, where he worked as a NASDAQ market maker and agency trader in the firm’s New York office.
Dario Valocchi
Multi Asset Product Development
Bloomberg Indices
Dario Valocchi (Ph.D) is part of the BISL Quant Strats Team at Bloomberg. In his current role, he focuses on multiasset and commodities index product development. Prior to his position at Bloomberg, he spent five years at Macquarie, where he specialized in proprietary index calculation for the Quantitative Investment Strategies (QIS) division. Before his time in the financial sector, he worked for three years as a research associate in the Engineering Department at University College London (UCL), contributing to academic research in the fields of network engineering and telecommunications.
Jim Wiederhold
Commodities Product Management
Bloomberg Indices
Jim Wiederhold is US product manager for commodities indices at Bloomberg. Working at index providers and hedgefunds for over 15 years, he brings expertise in the commodities space from both a client and index creation perspective. Most recently, he worked at S&P in product management for commodities indices. Previously, he was a futures trader at First New York executing a discretionary global macro strategy across all commodities. He also was a trader at a Argonaut Capital Management, a global macro hedgefund, and started his career at Millennium.