<iframe src="//www.googletagmanager.com/ns.html?id=GTM-MS2WRF" height="0" width="0" style="display:none;visibility:hidden"></iframe>
home > Information > News > JSCC Completes Compression Cycle for Cleared Interest Rate Swaps

JSCC Completes Compression Cycle for Cleared Interest Rate Swaps

2018/07/27

Japan Securities Clearing Corporation announced today that it had completed the compression cycle for cleared yen-denominated interest rate swaps (using TriOptima's triReduce service).

This cycle has been covering Basis Swap trades. 3,130 cleared swaps (1,723 full-size terminations and 1,407 partial terminations) with JPY 12.0 trillion in notional amount were terminated in today's cycle.
(*)Values are expressed on a double-leg basis. You can obtain single-leg based value by dividing the above value by 2. Statistical information will continue to be provided on a single-leg basis.

While continuing to provide the bulk compression service, JSCC will strive to ensure safe and efficient operations of our clearing services and enhance the accessibility of our services for market participants.