ErisX Expands Clearinghouse Capabilities to Support Clearing of All Commodities

The Commodity Futures Trading Commission has approved an Amended Order of Registration for Eris Clearing, LLC.

This Chicago-based company is pleased to announce that it has received approval for an amendment to Eris Clearing’s Derivative Clearing Organization (DCO) license that expands clearinghouse capabilities to clear any futures and swap products on any commodity. Previously, its license only permitted clearing futures on cryptocurrencies.

“Our clearinghouse platform, composed of our TCS™ technology and DCO license, now possesses several important distinctions and capabilities not featured with all DCOs,” said Thomas Chippas, CEO of ErisX. “We can clear fully-collateralized futures and swaps related to cryptocurrencies as well as contracts on all other commodities. We look forward to further welcoming FCMs, Institutions, Market Makers, Professional Trading Firms and Individuals to benefit from the expanding services of our clearinghouse.”