TriOptima, a leading infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, today announced that it has completed the first cleared inflation swap compression run at LCH SwapClear.
The compression run was completed on July 19 with Euro cleared inflation swaps being compressed through the triReduce service. TriOptima will go live with Sterling and US Dollar cleared inflation swaps compression in LCH SwapClear imminently.