ErisX
ErisX offers spot and futures trading services, providing a clearinghouse for derivatives and digital assets. It operates a U.S. based exchange and clearinghouse regulated by the CFTC and the New York State Department of Financial Services.
Services
ErisX provides spot and futures trading services. The company also operates a clearinghouse for derivatives and digital assets. Their offering includes CFTC regulated financially settled BTC and ETH futures, as well as a spot market that operates under a virtual currency business activity license issued by the New York State Department of Financial Services.
Regulatory and Compliance Standards
ErisX maintains high regulatory and compliance standards in its operations. The company is regulated by the Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization (DCO), which helps eliminate the settlement risk of digital asset futures. Their spot market operations in New York comply with the virtual currency business activity license requirements of the New York State Department of Financial Services.
Trading Products
ErisX offers a diverse array of trading products that include financially settled BTC and ETH futures, regulated by the CFTC. These products cater to both institutional and individual traders seeking exposure to digital assets through a regulated framework. Additionally, the spot market offerings include trading pairs for various digital assets.
Fee Structure
ErisX does not charge fees for processing deposits of digital assets; however, users should be aware that blockchain fees may apply. Withdrawal fees are applicable for digital assets such as BTC, ETH, BCH, LTC, and USDC. The specific fee structure ensures transparency and clarity for users engaging with their platform.