Eris Innovations
Description
Due to credit access and operational challenges, many banks have difficulty accessing swaps from dealers. Eris SOFR swap futures were created to make it easier for entities of all shapes and sizes to access these critical tools for interest rate risk management.
Swap futures are traded on the exchange in sizes as low as $100,000. They require 60-70% less margin than comparable OTC swaps and end users report savings on price execution of 2-6 basis points when trading swap futures. With swap futures, Institutions can avoid counterparty credit risk and may start trading swap futures within 2-3 business days.
Contact: Craig Haymaker
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Contact Information
Address
Chicago, IL
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