JSCC to Cease the Publication of Compression Cycle Results for Cleared Interest Rate Swaps

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

Since its first bulk compression cycle in December 2014, JSCC has consistently disclosed the results of each cycle. However, given its continued stable operations and the fact that major overseas CCPs do not publish such results, JSCC has decided to discontinue the publication of compression results for both compression vendors (TriOptima / Quantile Technologies).

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.