Available For Trading on CME Globex
Meeting the market's need for SOFR swap liquidity with CME Group Futures
Live Quotes - USD Swap Futures
Eris Products on CME
Futures contracts that replicate the cash flows and functionality of over-the-counter swaps, suitable for short-term trading or long-term hedging.
- Standardized terms1, with underlying tenors 1-30 years2
- No physical delivery: contracts remain outstanding to underlying tenor maturity
- Futures price format indexed to 100
1. Terms match SIFMA MAC swaps
2. Including aged, off-the-run contracts, there will be expiries every quarter from 3 months to 30 years
The Eris Methodology
The patented Eris Methodology allows for the creation of a listed futures contract that replicates the cash flows, convexity and functionality of traditional over-the-counter swaps.
As listed contracts, Eris Swap Futures are available to a wider user base as transparent financial instruments for easy trading and long term hedging purposes.
Eris Futures Price = 100 + A + B - C
Traders’ Forum
Learn more about applications for Eris Swap Futures, get expert answers to your questions, or join the conversation with other market participants.
