ErisX Addresses OTC Trading with Enhanced Block Trading Capabilities

  • Competitive Pricing
  • Expanded Universe of Counterparties
  • Simplified Operations
  • Bi-lateral Counterparty Risk Eliminated
  • Registered Members of our Clearinghouse enter two-sided block trades via our Trading Interface or REST API into the exchange.
  • ErisX verifies credit for both parties and submits the trade to the ErisX clearing system for processing.
  • Accepted block trades generate Trade Capture Reports on our realtime Drop Copy (STP) API.
  • Completed block trades are immediately cleared and visible in the ErisX Member Portal and via the REST API
  • Is permitted with any registered Clearing Member on ErisX. As new Members onboard with ErisX, block trading capabilities become available. There is no need to negotiate a new stand-alone trading agreement.
  • Exchange Regulation requires Members to pre-fund their accounts at the Clearinghouse which eliminates counterparty concerns and ensures a streamlined, quick and efficient settlement process.
  • Multiple accounts and sub-accounts for clearing members;
  • Account activity via Clearing API, in CSV on-demand via member portal and end of day reports via secure file transfer;
  • Daily and monthly statements to stay compliant with U.S. federal and state-level regulations;
  • Internal procedures related to the withdrawals of assets to minimize errors and provide additional protection.

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ErisX Insights

ErisX Insights

Improving the digital asset trading and investing experience.