ErisX Unit Gets CFTC 'OK' to Clear Fully Collateralized Swaps
The clearing arm of ErisX got CFTC approval to diversify beyond digital currencies.
Nov 4, 2020 at 9:11 p.m. UTCUpdated Aug 19, 2021 at 5:29 a.m. UTC
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/GOL2SUSDKRCQFBKSNM4SS6CQLQ.jpg)
Eris Clearing LLC, the clearing arm of Eris Exchange, has won the Commodity Futures Trading Commission's blessing to provide clearing services for fully collateralized swaps in addition to its existing business of clearing digital currency products.
- Eris Exchange, better known as ErisX, is a Chicago-based crypto futures provider that was the first to launch ether futures after receiving CFTC approval in May this year.
- Also in May, the firm received a BitLicense from New York financial regulators.
- Volumes on ErisX bitcoin and ether futures have remained consistently low since early this year.
STORY CONTINUES BELOW
13:18
Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
05:10
Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
04:07
The first video of the year 2024
40:07
The last regression video of the year 3.67.0
:format(webp)/downloads.coindesk.com/arc/failsafe/user/1x1.png)