Conducted the Compression of CDS Transactions

Japan Securities Clearing Corporation announced today that it had completed the Compression cycle for cleared CDS Transactions covering following two issues:


iTraxx Japan Series 22 Version 1

iTraxx Japan Series 23 Version 1


This Compression has been conducted as the first cycle after the revision of the Compression scheme to allow Compression without a consent of the counterparty to the original transaction (implemented on March 9, 2016).


Please click here for the results of today’s Compression.


JSCC will continue to strive for safe and efficient operation of Clearing Business, including continuous implementation of Compressions, to contribute to an improvement of convenience of market participants.