From the ground up, ErisX has built an offering specifically to advance institutional development in the digital asset space including;
Our clearing services also include Direct Exchange drop copy processes for independent verification of trades through a robust, industry-standard API and the ability for technology providers (with member permission) to route on behalf of member orders via a single FIX session.
ErisX accepts US Dollars and cryptocurrency for purposes of margining both its spot and futures contracts. Below are the custodians at which the relevant collateral will be held when it is posted to Eris Clearing:
|BMO Harris Bank, N.A.|
|BitGo Trust Company|
The below collateral may be accepted to cover purchases of futures contracts:
ErisX does not charge fees for processing deposits of digital assets, but blockchain fees charged by the relevant network may reduce the amount of digital assets received in your account at ErisX when you make a deposit.
Waived. ErisX will pay all blockchain fees charged by the relevant network.
ErisX only accepts wire transfers. ErisX charges $15.00 to process a wire transfer. Executing Brokers and Market Makers are not charged any fees to process wire transfers.
ErisX offers same day movement of assets when the request is received between the following hours.* All other requests will be performed on a best effort or trade date plus one basis.
|Asset Type||Start Time||End Time|
|United States Dollars||7:00||15:30|
* All above hours are based on CT Monday through Friday
|Product||ErisX Symbol||ErisX Clearing Code||CFTC Code|