Eris Exchange Sets New Daily Volume Record and Open Interest High


Eris Exchange, a US-based futures exchange offering capital efficient swap futures, today announced that, on September 5, USD Interest Rate Swap Futures achieved a daily volume record of 21,014 contracts, representing more than $2.1 billion in notional value. The previous daily volume record was 13,252 contracts set on June 21, 2013.

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Eris Exchange Sets New Daily Volume Record and Open Interest High

Chicago, September 8, 2014 – Eris Exchange, a US-based futures exchange offering capital efficient swap futures, today announced that, on September 5, USD Interest Rate Swap Futures achieved a daily volume record of 21,014 contracts, representing
more than $2.1 billion in notional value. The previous daily volume record was 13,252 contracts set on June 21, 2013.

Total open interest in Eris Exchange USD Interest Rate Swap Futures also rose by 4,651 to an all-time high of 129,776, representing 143% growth in open interest in the past 12 months.

80% of Friday’s volume occurred in 10-year Eris Standards and 16% in 5-year Eris Standards. 96% of Friday’s trades were matched in the Exchange’s anonymous, central limit order book, including 12,408 contracts that traded as calendar spreads.

Eris Standard Swap Futures are quarterly, IMM-dated contracts with fixed coupons that can be held as futures until maturity.

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About Eris Exchange
Eris Exchange is a futures exchange registered as a Designated Contract Market with futures that settle to CME Clearing’s OTC interest rate swap curve. Eris Exchange contracts are guaranteed by clearing firms through CME Clearing, the global leader in derivatives clearing. Eris SwapBook™, Eris BlockBox™, and Eris Methodology™ are trademarks of Eris Exchange. For more information, visit Eris Exchange online at www.erisfutures.com or follow us on Twitter @erisfutures

For additional information, please contact:
Media Contact - Eris Exchange
Christopher Rodriguez
(212) 561-5472
Christopher.Rodriguez@erisfutures.com

Eris Exchange is a futures exchange (Designated Contract Market) subject to CFTC jurisdiction, listing cash-settled interest rate swap futures with open interest exceeding 100,000 contracts. Eris Exchange contracts are cleared by clearing firms through CME Clearing, the global leader in derivatives clearing. Eris SwapBook and Eris BlockBox are registered trademarks of Eris Exchange.