Nordic clearing members eliminate Skr288 billion IRS notional

Nasdaq Clearing’s first compression run to be continued twice a year

dollar-squeeze-leverage

Nasdaq Clearing's first compression run for interest rate swaps has eliminated notional totalling Skr288 billion ($35 billion) in an exercise involving five of its Nordic bank clearing members.

Participating members also began back-loading (registering historical trades for clearing) of their Swedish krona interest rate swap portfolios into Nasdaq Clearing.

Danske Bank, SEB and Swedbank are known to have participated in the compression run. TriOptima, which conducted the compression in its first

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 indvidual account here: