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New Chicago exchange launches swaps futures
01 September 2010
Five US trading firms have created a new exchange in Chicago, offering interest rate swap futures.
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Eris Exchange
interest rate swap futures
Chicago
US
Trading
Getco
Infinium Capital Management
Nico Holdings
Chicago Trading
Eris Exchange went live on July 26 and is the brainchild of DRW Trading, Getco, Infinium Capital Management, Nico Holdings and Chicago Trading Co, all of which will use the new exchange.
Eris offers futures on interest rate swaps, cleared through CME Group’s clearing house.