These products will be cleared through NYPC, which has received all the required approvals from the Commodity Futures Trading Commission and the Securities and Exchange Commission. Interest-rate...

These products will be cleared through NYPC, which has received all the required approvals from the Commodity Futures Trading Commission and the Securities and Exchange Commission. Interest-rate futures traded on NYSE Life will benefit from the powerful capital efficiencies of NYPC’s “one-pot” margining which, for the first time ever, will assess margin across fixed income securities, repos, and interest rate futures to more accurately capture the actual risk of a clearing member’s portfolio.