Portfolio Compression for cleared forward INR/USD trades carried out on 25th Sep’ 19

 

On 25th Sep’ 19, CCIL successfully carried out the 10th 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. A reduction in market-wide outstanding of over USD 7.408 Billion was achieved through this exercise.