|
-
Trading Records:
- Daily trading record of $4,655,200,000 notional (46k+ contracts)
- More than $65,000,000,000 notional traded, ~33% growth vs. 2014
-
13,000 Trades
, 53
% growth vs. 2014
- Open Interest record of $17,776,600,000 notional (177k+ contracts)
- More Liquidity:
- New Eris Products Launched:
- Execution Platforms and Data Integration:
- Fidessa and CQG integrated their execution platforms to Eris Exchange
- Barchart, TNS, and SFTI announced market data connectivity to Eris Exchange
- Industry Recognition:
- FOW nominated Eris Exchange for the US/Canada Exchange of the Year
|
|
Agency Execution Brokers can source liquidity in Eris USD IRS Futures:
- Block trades and electronic execution
|
|
|
Use the Fixed Income Group at RJO for execution and analytics.
HedgeBuilder Swap Making Software is an RJO FIG proprietary technology that creates portfolios using Eris Standards as hedge solutions for rate sensitive cash flows.
HedgeBuilder offers dynamic portfolio modeling for treasurers to generate rate locks and handle complex asset/liability gaps, commercial mortgage traders to swap amortizing balances and PMs to deploy curve specific duration immunization structures.
HedgeBuilder output can easily be translated into actionable trades in liquid Eris USD IRS Swap Futures.
|
|
|
Significant increase in block trading activity since October:
- Recent block trades include outright, calendar spreads, curve trades
- Average notional per block in Dec: ~$104mm
|
|
Trade Eris Standards With Long Dated Forward Periods |
|
Ultra Forwards are
forward starting Eris Standards with quarterly IMM Effective Dates as far out as 10 years.
Examples include: 1y5y, 5y5y, and 5y10y
Eris Standard Ultra Forward Swap Futures will allow end users to trade a wider variety of structures with the benefit of lower margins than OTC swaps.
Ultra Forwards will launch in January subject to regulatory review.
|
|
Societe Generale Swap Desk Now Streaming Electronic Markets on Eris |
|
Eris Exchange announced that Societe Generale recently began streaming electronic markets to Eris SwapBook. In addition to streaming live two-way markets to the central limit order book, the desk is responding to clients with markets in Off-The-Run Eris Standards.
"'New world' exchange traded interest rate risk management tools, like Eris, are essential in the era of Dodd-Frank, EMIR & Basel III," said Russ Oxley, Head of Rates and LDI at Old Mutual Global Investors.
|
|
|
|
|
A recent Waterstechnology article highlights that "Cassini Systems has added support for swap futures market Eris Exchange to its analysis platform, to enable the vendor's recommendation engine to analyze clients' proposed trades in interest rate swaps and suggest swap futures trades with a similar risk profile that would be cheaper to trade on Eris."
Cassini's "...tool allows a client to send us a portfolio of trades, and we can identify a smaller list of cheaper trades using Eris futures that give equivalent exposure," says Liam Huxley, founder of Cassini Systems.
The Cassini optimization tool offers "sufficient market coverage to model data and identify potentially better trades on Eris in real time."
|
|
|
|
|
CQG displays the prices of Eris contracts in par rate equivalent terms. Par rate equivalent terms facilitate more intuitive trading and spreading of Eris against other yield based products.
Users can access par rates by inputting PV01 values, or by utilizing CQG generated values.
|
|
Apply For a Career at Eris Exchange Today
|
|
Eris Ex
change continues to grow and is looking for talented individuals to join our team in New York and Chicago.
From time to time, we will post detailed job descriptions to the web site.
We welcome you to submit your resume.
|
|
|
|
December Highlights
2015 Year in Review
Agency Execution Broker Contact List
R.J. O'Brien HedgeBuilder
Block Trading Continues to Grow
Learn About Ultra Forwards
Societe Generale Streaming Markets
Featured Article: Optimize With Eris
CQG Par Rate Offering For Eris
Careers
|
View prior monthly trade ideas:
|
|
|
|