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triReduce and CME complete first compression for Brazilian Real interest rate swaps

PUBLISHED BY:
TriOptima

DATE:
2017-09-22

triReduce and CME Group completed the first cleared, non deliverable (ND) interest rate swap (IRS) compression in Brazilian Real (BRL) on September 22, 2017. 

This is the first multilateral non deliverable IRS compression cycle executed in a CCP. triReduce will expand compression to additional cleared ND IRS currencies.

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