Compression behind drop in IRD notional, ISDA says
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Derivatives

Compression behind drop in IRD notional, ISDA says

Compression is behind a 3.6% drop in gross notional outstanding of interest rate derivatives between December 2013 and June 2014, according to the International Swaps and Derivatives Association, who said that the growth in services available at central counterparties and other portfolio compression providers combined with regulatory pressure is driving the trend.

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