Recently we have started to see stories on large LCH-CME Switch trades (aka Basis Swaps) starting to be traded. See LCH-CME Basis Swaps primed for Growth (trial required) and Trad-X volumes hit record highs as platform introduces CCP position switch service. The first article highlights that $2.5b of 18M and $3b of 5Y traded in the […]
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