March 08, 2016 BY Maria Nikolova

CME Group to start clearing Interest Rate Swaptions in April

International derivatives marketplace CME Group Inc (NASDAQ:CME) says it is about to transform the IRS landscape by launching Interest Rate Swaption clearing. The launch is scheduled for April 11, 2016, with the initial product scope to include U.S. dollar-denominated interest rate swaptions with European-style exercise, a maximum 2-year option expiry, and a maximum underlying swap…

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