Eris says swaps-futures activity is up 148% since January

09/5/2013 | Trade News (U.K.), The

Eris Exchange reports that the number of swaps futures it handles has increased 148% since January, having crested at 50,000 contracts. Eris -- one of three U.S. platforms that trade swaps futures, along with IntercontinentalExchange and CME Group -- says 18% of its volume consists of the relatively new instruments, which were designed to get around costly margin rules for ordinary swaps.

View Full Article in:

Trade News (U.K.), The

Published in Brief: