CME Group, the world’s leading and most diverse derivatives marketplace, today announced it has cleared its first Interest Rate Swaption trade on April 11. Backed by strong support from buy and sell side market participants, swaptions clearing amplifies the unparalleled capital efficiencies offered at CME Group.

Five clearing members are approved to clear swaptions, including Barclays, BNP Paribas, Citi and RBS plc, with several additional firms working through the process to become approved swaptions clearing members.

Full CME Press release here