Through year-end 2011, participating institutions have eliminated $164 trillion of notional principal outstanding with $56 trillion compressed in 2011 alone. As of late last year, we included gold as one of the asset classes in a triBalance initial margin optimisation cycle, as well as running margin optimisation across FX and commodities at the same time. All of those factors drive a desire or a need to compress portfolios. The service combines our central role in the FX market with TriOptima’s compression expertise. round of OTC portfolio compression session in collaboration with TriOptima. Use them to help you lower costs, reduce risk and improve counterparty exposure management. When you think of TriOptima’s trading model, our network and multilateral underpinning creates significant volume growth as you add new participants to the network, and that’s what we’ve seen very much in regards to FX. TriOptima is a part of CME Group. Compression services such as TriOptima, Quantile or LMRKTS privately collect portfolio data provided by their client market participants, reconstruct the web of obligations, identify optimal compression 7 Schrimpf, A., 2015. ... Our uniform compression process means your experience is the same regardless of the region or product. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana. While the issues in OTC swaps are widely known, the degree of understanding and adoption or extent of the impact varies across markets. After this first risk replacement compression cycle in sterling, triReduce will offer enhanced compression/benchmark conversion cycles in other currencies as the market need arises. New collateral, clearing, and capital regulations in the U.S., Europe and Asia are driving OTC derivative market participants to shed as much of their gross notional exposure as possible through multilateral portfolio compression. Over the past 18 months we have focused on expanding into other asset classes, most notably FX, where we’ve seen particularly strong growth in the last six to nine months with volumes up about 70% from the previous year. Compression is available for cleared and uncleared interest rate swaps in 28 currencies, cross currency swaps, credit default swaps, FX forwards, and commodity swaps. compression while limiting information disclosure among participants. The compression services we offer are designed to respond to increases in balance sheet pressures, leverage ratios and general collateral rules, which are common constraints on banks’ activities - whether they’re global banks or regionally based banks in Asia. Internet standard REST (Representational State Transfer) was chosen as the API technology which is the de facto internet standard. This process identifies whether a trade was transacted as part of a package – e.g. TriOptima AB. Explore historical market data straight from the source to help refine your trading strategies. Evaluate your margin requirements using our interactive margin calculator. It has been used in the OTC derivatives market for several years. Create a CMEGroup.com Account: More features, more insights. A flexible solution that keeps pace with regulatory changes and client demand. As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. Member-Initiated Compression is a structure to realize Compression based on a proposal prepared by one or more Clearing Participant(s) for its (their) trades to be unwound and to be newly established. Trusted A reliable process underpinned by a robust legal framework. Including buy-side participants widens the scope of impacted entities that we can include in the cycles. Operationally, being able to enter a compression exercise against multiple counterparties at the same time brings its own internal efficiencies on the client side. The triReduce compression services bring significantly enhanced value to what would be a largely manual and bilateral process. TriOptima provides frequent compression cycles in all the major Central Counterparty clearing houses in all cleared currencies. LONDON and NEW YORK, July 19, 2019 /PRNewswire/ -- TriOptima, a leading infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, today announced that it has completed the first cleared inflation swap compression run at LCH SwapClear.. Run XVA risk calculations and independent trade valuations. Reduce operational risk and cost by lowering gross notional and eliminating line items. triReduce leverages multilateral compression opportunities across portfolios, enabling firms to terminate trades with different coupons, end dates and cash flows for optimal results. This is important for two reasons: firstly, it also allows more aggressive compression of outstanding ICE Libor swap inventories, and secondly, it provides for the replacement of ICE Libor swap trades with alternative reference rates while also reducing benchmark risk within the same process. Learn why traders use futures, how to trade futures and what steps you should take to get started. Get the latest TriOptima services news, product information and more. 12 PM, BY: Can you tell us more about this service? Modern Slavery Act Transparency Statement. TriOptima, an infrastructure service that aims to lower costs and mitigates risk in OTC derivatives markets, has completed the first cleared inflation swap compression run at LCH SwapClear. We collaborated with TriOptima to deliver triReduce CLS FX. API. TriOptima’s core compression product, triReduce, continued to set new records in 2019. Optimize your OTC derivatives portfolio by lowering the cost of monitoring them and reducing counterparty risk. Regulation Asia: What are some of the other ways TriOptima is helping market participants in Asia adapt to regulatory change? 20 years old in 2020, how to trade futures and options on futures to their portfolio region product... ( as defined in the applicable LCH rulebook ) to evolve and innovate versus a bilateral approach, brings number! 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