triReduce, the portfolio compression service for OTC derivative dealers, regularly terminates all types of CDS transactions, interest rate swaps in 23 currencies worldwide, and energy derivatives. Regulatory interest in reducing notionals outstanding in all asset classes has resulted in significantly increased participation around the globe in all triReduce activities. And the joint effort between LCH.Clearnet SwapClear and TriOptima to reduce outstandings in the interest rate swap clearinghouse has made significant progress in eliminating cleared transactions.
