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Nataliya Manina, Chief Compliance and Regulatory Officer at ErisX

“The team at ErisX is unique in that it has capital markets expertise but also an innovative spirit and entrepreneurial mindset,” said Nataliya Manina, ErisX’s new Chief Compliance and Regulatory Officer and Senior Counsel. “I am excited by the opportunity to work with like-minded people and build something new and groundbreaking.”

Nataliya joined ErisX in October 2020 to oversee the compliance and regulatory function at the Exchange and Clearinghouse, and contribute her legal expertise to ErisX’s ambitious commercial efforts. …


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ErisX is pleased to announce that our exchange has been integrated into the Kaiko market data platform. Kaiko’s enterprise clients are now able to backtest trading strategies leveraging ErisX’s spot and futures market data as well as perform research and analysis. ErisX trading data and instruments can now be viewed on Kaiko’s Instrument Taxonomy page here.

ErisX provides access to crypto without sacrificing security, transparency or the protection of market surveillance and regulatory oversight. …


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ErisX submitted a letter in response to the Department of the Treasury, Financial Crimes Enforcement Network’s (“FinCEN”) Notice of Proposed Rulemaking regarding “Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets” (the “NPRM”). We also support the comment letter submitted by the Chamber of Digital Commerce.

In summary, ErisX supports the important goals of FinCEN in combating money laundering, terrorist financing, and other illicit acts. As evidenced by our voluntary and early adoption of the Commodity Futures Trading Commission’s (CFTC) Core Principles to our spot market (including market and trade practice surveillance) in addition to full implementation of the CFTC Core Principles to our futures market and clearing infrastructure — as required by law. …


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ErisX reached many milestones in 2020 toward driving crypto market maturation. Midway through the year we wrote about our accomplishments including the launch of the first U.S. based Ether Futures contract, our Block Trading capabilities, and our New York Virtual Currencies License (BitLicense), among other noteworthy milestones. Below we recap the full year including a slate of announcements from this month and a preview of what’s to come in 2021.

ErisX’s Progress on Market Volumes

ErisX launched a crypto spot market in April of 2019 and its futures exchange and clearinghouse in December of 2019. ErisX’s investors include a number of prominent market makers and intermediaries. Industry watchers anticipated that ErisX, and its backers, would help grow the market by making it more accessible to mainstream investors. Yet trading volume to date has been muted. We firmly believe that our intermediary-friendly go-to-market is the long term winning strategy. However, our timeline and expectations have necessarily evolved in response to a number of market realities and events including a major pricing shake-up and M&A activity in the US retail brokerage industry, and the global pandemic. …


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ErisX is pleased to announce that today we filed a product self-certification to introduce fully-collateralized, financially settled sporting event-based futures contracts in collaboration with RSBIX. This is ErisX’s first strategic collaboration to provide listing and clearing services enabled by our recent DCO order amendment permitting us to clear derivatives on any commodity.

The sporting event based futures contracts were designed to specifically meet the hedging needs of commercial market participants. Trading will be accessible only to eligible contract participants such as state-licensed sportsbooks, vendors and stadium owners with a demonstrated need to hedge financial exposure associated with their commercial business, as well as designated market makers. Contracts will be based on moneyline, point spread, and over/under for each game, including games in the pre-season, regular season, playoffs and championships. …


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New York and Chicago, 8 December 2020 — ErisX, a leading platform to access crypto spot and futures markets, has partnered with TradeBlock, the world’s leading provider of digital currency trading tools, analytics, and indexes, to publish its spot market data. ErisX trading activity can now be viewed on TradeBlock’s Markets page here.

“It is critical for market participants to have access to high quality consolidated market data for price discovery and liquidity sourcing. We are thrilled to make our quote and trade data available through TradeBlock’s suite of institutionally-focused tools and analytics,” said Thomas Chippas, CEO of ErisX.

“We’re pleased to work with ErisX to publish their market data in real time. ErisX’s institutional-first infrastructure and rigorous approach to regulation, in both the crypto spot and futures markets, positions them as a key venue for participants in the U.S. and abroad. They are a natural fit for TradeBlock’s suite of institutional-grade tools and data services.” Said Nitai Bran, CEO of TradeBlock. …


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ErisX is excited to introduce a suite of bounded futures contracts that provide an innovative approach to fully funded contracts and efficiently enable short positions in crypto futures. Bounded futures are cash-collateralized and protect position holders against large price movements in the underlying. Depending upon the difference between the trade price and a contract’s boundary, the capital required may be lower than other crypto futures contracts. These contracts are collateralized and settled in cash allowing members to gain exposure to this asset class who may otherwise be restricted from directly holding crypto assets.


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Come trade at the only U.S. based crypto exchange that offers spot and futures markets on one, cost-efficient platform! As pioneers in the crypto derivatives space, we are the only U.S. based exchange that enables individual members to trade futures on $BTC and $ETH. Access crypto market price transparency and liquidity without sacrificing security or performance.

In our continuing efforts to enhance our offering we are excited to announce an upgrade of our trading interface. Based on customer feedback, we developed a simple to navigate interface and made it easy to place and manage orders. Our new platform is also responsive on mobile devices and allows you to trade all assets from a familiar crypto-friendly workflow. ErisX is the only U.S. …


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Easily onboard and fund your ErisX trading account via ACH.

Come trade at the only U.S. based crypto exchange that offers spot and U.S based futures markets on one, cost-efficient platform! As pioneers in the crypto derivatives space, we are the only U.S. based exchange that enables individual members to trade futures on BTC and ETH. Access crypto without sacrificing security, transparency or the protection of market oversight.

Since launching in 2019, we have offered account funding for cash via wire transfer. We listened to feedback that this suited our intermediary and institutional Members but was less user-friendly for direct individual Members.

We are excited to announce that Members are now able to fund their accounts via ACH by submitting the transfer request directly from their ErisX Member Portal. …


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ErisX is pleased to announce that as of November 4, 2020 we have received approval for an amendment to Eris Clearing’s Derivative Clearing Organization (DCO) license that expands our clearinghouse capabilities to clear any futures and swap products on any commodity. Previously, our license only permitted clearing futures on cryptocurrencies.

Our clearinghouse, powered by our in-house built 24/7 real time platform, TCS™, and enabled by our DCO license, now possesses several important distinctions and capabilities not featured with all DCOs:

Fully-collateralized futures and swaps:

  • Cryptocurrencies
  • Other commodities

Clearinghouse Membership eligibility for:

About

ErisX Insights

Improving the digital asset trading and investing experience.

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