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 the purchase or sale of futures contracts:
|Fully Funded Futures Product||
|Bitcoin Physical Futures|
|Ether Physical Futures|
|Cash Settled Bounded Futures|
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.
NOTE: ErisX uses the legacy Bitcoin Cash address format
Members are able to send FED Wire or send ACH directly to ErisX.
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|
|Ether / Bitcoin Future|