Eris Exchange Taps Perseus, Preps for Greater Prop Trading Demand

Michael Riddle, COO at Eris Exchange

The move comes as Eris seeks to broaden its distribution to both traditional and non-traditional futures market participants, on the back of ongoing Dodd-Frank-driven regulatory reform and electronification.

"Whenever these changes happen, especially in fixed income, it drives the need for inter-market connectivity," Michael Riddle, Eris's COO, tells Buy-Side Technology. "Our increasingly popular interest rate swap futures products, for instance, are now often traded against both cash treasuries

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