CME Uses Calypso System For IRS Clearing

CME Group has started using Calypso Technology’s solution.

CME Group has started using Calypso Technology’s solution. The derivatives exchange is using the Calypso System to support OTC derivatives processing for clearing interest rate swaps (IRS). The Calypso platform allows its members to clear OTC derivatives trades. The CME Group, which rolled out its OTC interest-rate swaps clearing solution in October last year, has also implemented the Calypso system’s limits functionality.

Click here for the release from Business Wire.