triReduce compression cycle eliminates 40% of PLN notional outstanding in LCH.Clearnet’s SwapClear
TriOptima, a post trade infrastructure provider, part of ICAP plc (LON:IAP), announces today that 18 SwapClear members have compressed 40% of outstanding notional and 49% of outstanding trades in Polish zloty (PLN) interest rate swaps and forward rate agreements (FRA) in the latest triReduce compression cycle. The participants eliminated PLN 2.6 trillion PLN ($654 billion)…
Read more