Trade body said interest rate derivatives market increased 5.5% in the first half of 2014
More than two thirds of the interest rate
market is being cleared and more than a third is using
compression, according to the main international swaps trade
body which said the market is adapting to regulatory
A report by the International Swaps and
Derivatives Association said the use of compression increased a
third in the first half of 2014 to hit 36% of assets in the
middle of last year, while clearing of interest rate swaps came
in at about 70% of the value outstanding.
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