Banks save €3.5bn in swaptions compression drive

Capitalab removes €1.3 trillion notional, cutting capital requirements

Euro compression
Multilateral compression has eased the pressure on dealers

March 11, 2016: Updated to clarify that swaptions compression has helped banks reduce their leverage ratio exposure by €3.5 billion.

BGC Partners-owned Capitalab's multilateral swaptions compression service has generated around €3.5 billion ($3.84 billion) of leverage exposure reductions for its bank clients over the past six months, according to the firm's co-founders.

London-based Capitalab, which has 24 bank clients, has compressed €1.3 trillion of euro, sterling and yen swaptions notional

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: