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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

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