Portfolio Compression
| November 3rd, 2008 | TriOptima CDS Compression Cycles Help Industry Eliminate $24.5 Trillion Notional Principal TriOptima’s portfolio compression service, triReduce, contributed $24.5 trillion of the $25 trillion in CDS notional principal reductions reported by ISDA today. TriOptima has offered 39 compression cycles since the beginning of the year and will offer 9 additional compression cycles in November and December as the industry focuses its efforts on reducing the notional principal outstandings. |
| October 31st, 2008 | Creditex & Markit Announce Successful Completion of 4 North American & European CDS Portfolio Compression Cycles This Week Markit and Creditex today announced the successful completion of four industrywide credit default swap (CDS) portfolio compression runs in North America and Europe during the week ended October 31, 2008. |
| October 16th, 2008 | Creditex and Markit Announce Successful Completion of Second North American CDS Portfolio Compression Run Compression results in additional risk reduction for TMT sectors Markit and Creditex today announced the successful completion of a second round of industrywide portfolio compression runs for the credit derivatives market in North America. |
