New York Portfolio Clearing (NYPC) has executed its first physical delivery of U.S. Treasury futures. The clearinghouse completed $1.275 billion of U.S. Treasury deliveries from expiring futures trades.

NYPC is a joint venture between NYSE Euronext and the Depository Trust & Clearing Corporation. It currently clears Eurodollar and U.S. Treasury futures listed on NYSE Liffe U.S.

Click here for the release from PR Newswire.