ICE Clear Europe has cleared 699 transactions totaling euro 31.9 billion (USD45.2 billion) in credit default swap (CDS) indexes during the week of 3 August. Open interest reached euro 1.5 billion (USD2.1 billion).
ICE Clear Europe initiated clearing of iTraxx index contracts on 27 July. In its first weekly clearing cycle, ICE Clear Europe processed 141 transactions totaling euro 5.9 billion of notional value.
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