TriOptima’s triReduce portfolio compression service removed $45.8 trillion in interest rate swap (IRS) notionals in 53 cycles and $8.5 trillion in credit default swap (CDS) notionals 95 compression cycles during 2010. Eliminations in IRS rose in 2010 with 53 triReduce Rates cycles in 23 currencies globally terminating $45.8 trillion in notional outstanding, up from $26.7 trillion in 2009. The transaction included nine cycles run in conjunction with LCH.Clearnet’s Swapclear. Since the launch of the triReduce service in 2003, TriOptima has eliminated $108 trillion in IRS notional outstandings and $68.2 trillion in CDS notional outstanding.

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