TriOptima and CME complete first ever LatAm compression cycle
Eliminating over 35% of cleared notional outstanding, equalling around $664 billion
OTC post-trade risk management service provider TriOptima says it has eliminated over 35% of cleared notional principal outstanding on Mexican peso interest rate contracts, in the first ever compression cycle for a cleared Latin American currency.
The 11 IRS clearing members of CME Group together wiped off 12.5 trillion Mexican pesos ($664 billion) of notional outstanding in the first triReduce multilateral compression cycle for cleared Mexican peso IRS.
The company has been offering compression
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