Eris Sets New Volume Record of 159K Contracts

Eris Sets New Daily Record with 159,924 Contracts Traded on June 7

CME Eris Swap Futures volume hit 159,924 contracts on Tuesday, June 7, surpassing the previous record of 148,205 set on March 10
Quarterly rolls in 2y Eris Libor (LIT) were a primary driver, fueled by recent record front-month open interest from increased hedging by end users
Volume included block trades rolling to Eris SOFR Sep from Eris Libor June contracts across multiple tenors, including 2y, 3y, 4y and 5y

CME Sees First Trades in

Eris BSBY Swap Futures

Launched in April, CME Eris BSBY Swap Futures now feature two-sided markets streaming in 1-3y tenors
The Bloomberg Short-Term Bank Yield Index (BSBY) was created to address banks’ requests for a credit-sensitive rate to manage the spread between their funding costs paid and loan interest received
For more information, visit erisfutures.com/bsby

Eris invites your questions!

Eris’ web site is a great resource to learn more, but we also welcome direct emails with your product questions, and you can expect a response within 60 minutes during business hours
Email questions@erisfutures.com or click the new “Ask a Product Expert” button on our web site
Here are a few questions we’ve answered recently:
Where does Eris publish its SOFR swap curve discount factors?
What are the Bloomberg tickers for Eris products?
How are Eris settlement prices calculated?
Why have some users not yet moved to SOFR?

Eris SOFR Resources

Eris Innovations is an intellectual property licensing company that partners with CME Group, ICE and other global exchanges to develop futures based on its patented product design, the Eris Methodology

info@erisfutures.com | www.erisfutures.com | 646-961-4489

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Disclaimer: The information contained herein does not constitute a prospectus, nor is it a recommendation to buy, sell or retain any specific financial instrument or security. The information has been provided to you for informational purposes only and is intended as a broad overview of certain aspects Eris swap futures products, and should not be considered as investment advice, legal advice, or tax advice. Although all effort has been made to provide accurate information Eris Innovations assumes no responsibility for any errors or omissions. Trademarks of Eris Innovations and/or its affiliates include Eris, Eris Innovations, Eris PAI, Eris Methodology, Eris Pricing Engine and the Eris Logo. All other trademarks, service marks, trade names, product names and logos are the property of their respective owners. Certain elements of the contract design and pricing construct are covered by U.S. Patent No. 9,747,641. Other patents-pending. All Rights Reserved.