Portfolio Compression for cleared forward INR/USD trades
carried out on 27th Mar’ 19
Mar’ 19, CCIL successfully carried out the 9th cycle of Portfolio Compression
for cleared forward INR/USD trades. The exercise was aimed at reducing the
overall gross outstanding trade volume by identifying economically redundant
trades for early termination. Five large banks participated in this exercise.
reduction in market-wide outstanding of over USD 4.591 Billion was achieved
through this exercise.