April 18, 2016 BY Maria Nikolova
TriOptima announces completion of first triReduce compression cycle for cleared SEK swaps in Nasdaq
Post trade infrastructure provider TriOptima, part of ICAP plc (LON:IAP), has announced that Nasdaq members completed the first successful compression cycle for cleared Swedish Krona (SEK) interest rate swaps. More than 40% of the cleared outstanding SEK swap inventory was eliminated in this first collaboration between Nasdaq and TriOptima. Johan Rudén, Senior Vice President and…
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