CME Group Completes First Multilateral Compression Cycle Successfully, Gross Notional Reductions Amount to $2.2 Trillion

CME Group announced the completion of the first multilateral compression cycle. The cycle was completed in collaboration with TriOptima's triReduce compression service.Nine CME Group IRS clearing members participated in the cycle, which compressed $2.2 trillion in gross notional, resulting in a reduction cost of 44,933 line items and an additional 6,900 line items partially terminated.