Bitcoin

The ErisX exchange platform starts futures contracts on ether in the USA

ErisX, a Chicago-based exchange, has informed its users will begin offering futures trading on ether in the United States.

According to a company blog post on May 11, ErisX said both independent and institutional investors will be able to access futures contracts on Ethereum (ETH) -USD with monthly and fortnightly terms.

The exchange will offer CFTC regulated futures contracts (US Commodity Futures Trading Commission). ErisX said the miners, speculators, hedgers and companies that they work with ETH will benefit from many others “Investors, speculators, intermediaries, hedgers, miners / validators and commercial users” as well as “more robust, liquid and more resilient markets”.

The ErisX exchange platform starts futures contracts on ether in the USA
The ErisX exchange platform starts futures contracts on ether in the USA

ErisX has been working on this additional offer a while ago. The exchange received its derivatives in July 2019 Granting your CFTC license for the exchange of futures contracts on digital assets in their derivatives markets. ErisX has been trading futures on digital currencies such as Bitcoin (BTC) since December.

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