Last Monday's deadline for most U.S. buy-side firms to centrally clear their swaps transactions has led to a small increase in swaps futures activity on Eris Exchange. "We didn't expect the 10 June clearing compliance date to drive an immediate spike in volume. However, ... we expect this trend to continue as the dust settles on clearing swaps, and users begin to focus more on alternatives and efficiency," said Kevin Wolf, chief business and product development officer at Eris.

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