Eris Exchange Taps Perseus, Preps for Greater Prop Trading Demand

michael-riddle-eris
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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