SwapClear to restart compression in leverage boon for banks

squash-compression

LCH.Clearnet's SwapClear plans to restart its multilateral trade compression service next month, dealers say, after making changes that bring it in line with US clearing rules. A conflict with those rules forced part of the service to be suspended in April, restricting members' ability to cut the size of their cleared portfolios – one way in which banks hope to comply with the leverage ratio.

"If you don't have compression, then the leverage ratio is more of a problem," says one London-based

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: http://subscriptions.risk.net/subscribe

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 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 individual account here: