Backload Legacy Swaptions Trades
Now Supporting Expiration +2 Premium Settlement
We have enhanced our swaptions offering and now support expiration +2 settlement of premium on cleared swaptions. This aligns our offering with industry standards and facilitates the backloading of existing bilateral trades, allowing customers to take advantage of capital efficiencies, including:
- Counterparty netting benefits
- Cross margining versus other CME cleared swaps and futures
- Reduction in bilateral Initial Margin costs by over 80%
- Freed-up bilateral credit lines
Please contact the CME OTC Product Team to learn more about this enhancement or click below to review our offering.
All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
