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SwapClear eliminates €1trn interest rate swaps

23 February 2010

LCH.Clearnet and TriOptima announced that SwapClear members eliminated 31,280 EURO-denominated interest rate swap trades with a notional value of €3 trillion

Read more: LCH.Clearnet SwapClear TriOptima interest rate swaps

LCH.Clearnet and TriOptima announced that SwapClear members eliminated 31,280 EURO-denominated interest rate swap trades with a notional value of €3 trillion ($4.55 trillion USD) in the largest triReduce termination cycle conducted to date within SwapClear. Twelve of SwapClear’s twenty-five clearing members participated in the cycle.

This initiative is another example of the...


 

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