Eris Exchange Credit Calculation and Implementation Information
Eris Exchange has two distinct trading platforms for executing Eris Exchange Interest Rate Swap Futures:
- Eris BlockBox, which allows for entry of pre-negotiated block trades and other qualifying trades, such as EFRP (“Exchange for Related Position”)
- Eris SwapBook, which enables trading through a Central Limit Order Book, as well as allowing for trading via a Requests for Quotes mechanism
The method for calculating risk is identical for both platforms. However, defined risk limits are separate for each platform.