|Quote Convention||1 Coin|
|Minimum Order Size||0.10||1.00||1.00||1.00|
|Minimum Trade Increment||0.01||0.1||0.1||0.1|
|Price Increment||$ 1.00||$ 0.10||$ 0.10||$ 0.05|
|Quote Convention||Amount of BTC|
|Minimum Order Size||1||1||1|
|Minimum Trade Increment||0.1||0.1||0.1|
The Minimum Order Size is the smallest quantity that can be submitted for an individual order. For example, BTC/USD is 0.10. The order quantity can be increased by the Minimum Trade Increment. For example, 0.01 (0.11, 0.12, 0.13, etc).
|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.|
|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.|
|Fill or Kill||The order is compared against the entire ErisX book. If no match is found that would execute the order in its entirety, it is canceled.|
|Central Limit Order Book||Monday 7:00 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.
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)
|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|
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.
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.