Spot Products

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin

Instrument Specifications

Digital vs USD
Bitcoin Bitcoin Cash Ethereum Litecoin
Base Currency BTC BCH ETH LTC
Symbol BTC/USD BCH/USD ETH/USD LTC/USD
Quote Currency USD
Quote Convention 1 Coin
Minimum Order Size 0.01 0.1 0.1 0.1
Minimum Trade Increment 0.01 0.1 0.1 0.1
Price Increment $ 1.00 $ 0.10 $ 0.10 $ 0.05
Digital vs BTC
Bitcoin Cash Ethereum Litecoin
Base Currency BCH ETH LTC
Symbol BCH/BTC ETH/BTC LTC/BTC
Quote Currency BTC
Quote Convention Amount of BTC
Minimum Order Size 0.1 0.1 0.1
Minimum Trade Increment 0.1 0.1 0.1
Price Increment 0.00001 0.00001 0.00001

The Minimum Order Size is the smallest quantity that can be submitted for an individual order. For example, BTC/USD is 0.01. The order quantity can be increased by the Minimum Trade Increment. For example, 0.01 (0.02, 0.03, 0.04, etc).

Supported Order Types
Order Type Description
Limit An order to buy or sell at a specific price or better.
Stop-Limit An order that combines the features of a stop order and a limit order. The stop price acts as a trigger to enter a limit order into the market.
Supported Time in Force
Expiry Condition Description
Good Till Cancel (GTC) Orders with this expiry setting remain open and active until either executed or explicitly canceled by the client.
Good Till Date The submitting client specifies the date at which an order is to be expired if not already executed.
Day Orders with this expiry type that have not been executed will be expired by the system at the end of the ErisX system day on which they were entered.
Current Market Hours
Days Open Close
Central Limit Order Book Sunday 16:00 CT Friday 16:00 CT
Block Trade Reporting M,T,W,T,F 8:00 CT 16:00 CT

Note: A Trade Date on ErisX includes trades that happen at or after 16:00 CT on one calendar day until 16:00 CT of the next calendar day.

Block Policy

Clearing Members of ErisX may submit eligible spot market Block trades for registration in accordance with the rules of the Exchange. To register a Block trade, one of the counterparties engaged in the eligible Block trade must contact the Market Operations team during support hours at +1 888 782 7481 or via email at [email protected] within 15 minutes of the time the trade is consummated. The reporting window is concluded when the Market Operations team confirms receipt of the submission. The submission must include:

 

– Clearing Member accounts for both sides of the trade
– Counterparty name and contact information (for verification purposes)
– Traded product details (symbol)
– Trade quantity
– Execution time (to the nearest minute in CT)
– Price

Bitcoin Bitcoin Cash Ethereum Litecoin
Symbol BTC/USD BCH/USD, BCH/BTC ETH/USD, ETH/BTC LTC/USD, LTC/BTC
Minimum Size (Coin) 10 100 100 250
Block Trading Hours 8:00 - 16:00 CT Monday - Friday

Listing

ErisX considers a variety of factors when we look at products to list on our platform, including the regulatory and legal implications under state and federal law, as well as general market conditions of the products.  We also consider our ability to offer trading in the products consistent with industry best practices pertaining to market oversight, surveillance, and applicable regulatory requirements.

Additionally, we evaluate the impact that new products will have on our technology infrastructure, and consider any potential effect on existing Exchange systems, including degradation of service, security and the need for upgrades or other modifications.

Fork Policy

Unless the Exchange explicitly states that it will support a fork for a digital coin, you should presume that the fork WILL NOT be supported.

When an underlying blockchain protocol changes such that there is a split in the blockchain it is referred to as a “fork.” Any expected fork of a blockchain will be carefully evaluated by Eris Exchange, LLC (“Eris” or the “Exchange”) management and the Exchange’s Practices Committee, Participant Committee and the Regulatory Oversight Committee in consultation with Eris Clearing, LLC (the “Clearinghouse”).   

Our full policy sets forth the considerations that will be considered when a fork occurs.