CME Clearing and TriOptima clear first client trades in Mexican peso
Until now, only clearing brokers or FCMs were eligible to use the triReduce service to compress trades
TriOptima and CME Clearing have concluded the first compression cycle of client cleared trades for the Mexican peso using the triReduce service, marking the first time non-members of the clearing house have been permitted to do so.
Before this compression cycle, only direct members of CME Clearing, such as clearing brokers or futures commission merchants (FCMs), were eligible to use the triReduce service to compress trades.
“The launch of compression for client cleared trades at CME
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