TriOptima completes largest energy compression cycle

By Beth Shah
08 May 2014

TriOptima has completed the largest energy portfolio compression cycle to date, eliminating 5000 transactions with a notional outstanding value of €8.4 billion.

Due to recently-implemented regulations under the European Market Infrastructure Directive surrounding clearing thresholds, as well as the implications of the new leverage ratio and Basel III capital requirements, market participants have been eager to eliminate as much gross notional exposure in their over-the-counter derivatives portfolios as possible, according ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial