CME Group has removed a temporary 3 percent margin cost on certain products to limit market gyrations as the U.S. debt ceiling approached.
In a statement Thursday, CME, the largest U.S. futures market operator, said it was removing this cost from over-the-counter interest-rate swap trades.
CME imposed the margin Wednesday, saying it was temporary.
U.S. lawmakers reached an agreement late Wednesday to extend the federal borrowing limit through early February, staving off a technical default that had spooked fixed-income markets.
