Can be used in multiple asset classes for cleared and non-cleared relationships.
Our uniform compression process means your experience is the same regardless of the region or product.
A reliable process underpinned by a robust legal framework.
A flexible solution that keeps pace with regulatory changes and client demand.
Recognised as the innovator and leader in multilateral portfolio compression, we collaborate with all the major CCPs: LCH SwapClear, CME, JSCC, Eurex, ASX and NASDAQ, and maximise the compression pool available for rates by supporting clearing members, future commission merchants (FCMs)/ clearing brokers (CBs) and clients to all compress in the same cycle.
Our cycles are available 28 interest rate swap currencies, multiple products and both deliverable and non-deliverable currencies, cleared and uncleared. Terminate trades and to achieve optimal results, we enable you to change the coupons, notional, start/end dates and direction and create new risk replacement trades.
|AUD||Australian Dollar||INR||Indian Rupee|
|BRL||Brazilian Real||JPY||Japanese Yen|
|CAD||Canadian Dollar||KRW||(South) Korean Won|
|CHF||Swiss Franc||MXN||Mexican Peso|
|CLP||Chilean Peso||MYR||Malaysian Ringit|
|CNY||Chinese Yuan||NOK||Norwegian Krone|
|COP||Colombian Peso||NZD||New Zealand Dollar|
|CZK||Czech Koruna||PLN||Polish Zloty|
|DKK||Danish Krone||SEK||Swedish Krona|
|GBP||British Pound||THB||Thai Baht|
|HKD||Hong Kong Dollar||TWD||Taiwan Dollar|
|HUF||Hungarian Forint||USD||US Dollar|
|ILS||Israeli Shekel||ZAR||South African Rand|
OSTTRA triReduce FX allows participants to reduce net bilateral exposures by offsetting them with new trades, all in one combined cycle.
The service is available to all CLS settlement members, dealers, prime brokers and CLS third-party clients. Both CLS and non-CLS currency pairs are in scope and our clients can also take advantage of OSTTRA triReduce compression for NDFs and precious metals.
We offer a platform for multiple institutions to regularly compress their portfolios, efficiently fulfilling the ESMA requirements and allowing firms to manage gross notional exposures and redistribute counterparty exposure. Our multilateral compression engine is utilised to reduce outstanding gross notional whilst prioritising compression of outstanding bilateral trades to help reduce bilateral net positions as much as possible, enabling participants to optimise on SA-CCR and reduce gross notional simultaneously.
Enhance the efficiency of your portfolio and maintain operational efficiency and reduce CDS exposure.
Credit compression can be synchronised with our counterparty credit optimisation cycles, powered by OSTTRA triBalance, to gain maximum risk mitigation benefits.
Special Cedit Events
Reduce your open positions and lower the capital costs of Equity Index Options.
Reduce your open bilateral positions, lower capital costs and reduce line items in energy forwards and swaps.
\ For SA-CCR
Manage the transition of legacy benchmarks in OTC swaps portfolios.
Our risk replacement trade methodologies can assist in the conversion to alternative reference rates. In a single step, swap market participants can reduce both their gross exposure to the legacy benchmarks and convert the remainder onto alternative reference rate benchmarks.
To find out more about our end-to-end post-trade solutions, please share your details with a short message and we will get in touch with you soon.
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