ErisX, a U.S. based exchange and clearinghouse for crypto, has partnered with Talos, a leading platform for the institutional trading of digital assets, to provide Talos customers with regulated, secure and transparent trading and clearing for cryptocurrencies. Talos clients can now access ErisX’s crypto liquidity via the Talos’ API or GUI.
ErisX is a spot and regulated futures market for digital assets. The ErisX futures market consists of Eris Exchange, a designated contract market (DCM) and Eris Clearing, a derivatives clearing organization (DCO) under the jurisdiction of the Commodity Futures Trading Commission. The ErisX Futures Market supports physically delivered contracts on Bitcoin and Ether as well as cash settled Bounded Futures. The ErisX Spot Market supports Bitcoin, Bitcoin Cash, Ether and Litecoin.
“As the digital asset trading landscape grows, exchanges will continue to play an increasingly important role for institutions and individual traders alike,” said Anton Katz, co-founder and CEO of Talos. “Our institutional clients can now access ErisX’s spot and regulated futures markets for cryptocurrencies via a single interface, allowing us to offer the high-quality service required by our joint customers.”
“We are pleased to work with Talos and invite their customers to trade and manage risk at ErisX,” said Chief Executive Officer of ErisX, Thomas Chippas. “Both companies are built by teams with deep trading industry experience. Because of this, we both know market makers, proprietary trading groups, and professional investors demand the reliability and performance offered by platforms such as Talos and market centers such as ErisX.”
Talos provides an institutional-grade technology infrastructure that supports the full lifecycle of digital assets trading, from price discovery to execution through to settlement. Engineered by a team with unmatched experience building institutional trading systems, the Talos platform connects the diverse group of participants involved in today’s cryptoasset market structure — institutional investors, prime brokers, exchanges, OTC desks, lenders, and custodians — through a single point of entry. This streamlines the entire trading process, eliminates unnecessary intermediary risk, and provides institutions a clear path to best execution. For additional information, visit www.talos.com.