JSCC Completes Compression Cycle for Cleared Interest Rate Swaps

Japan Securities Clearing Corporation announced today that it had completed the compression cycle with Quantile Technologies for cleared yen-denominated interest rate swaps.

In today’s cycle, 16,621 cleared swaps (13,188 full-size terminations and 3,433 partial terminations) with JPY 189.5trillion in notional amount were terminated.

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.