ErisX Announces Settlement Service for Over-The-Counter Crypto Transactions
September 7, 2022 - ErisX, a Cboe Global Markets company, announced it has introduced the ErisX Settlement Service, a new solution designed to help remove settlement risk for over-the-counter (OTC) crypto transactions.
The new offering expands ErisX's suite of tools for institutional investors, enabling them to settle OTC trades with other ErisX customers using a transparent U.S. licensed crypto spot market.
The ErisX Settlement Service can be accessed via standardized API or ErisX's fully integrated Trading User Interface.
"The ErisX marketplace was conceived from building blocks used in the traditional financial markets. Our newly launched ErisX Settlement Service responds to customer demand for a solution that helps remove settlement risk while also reducing the operational burden for OTC trading," said Matthew Trudeau, Chief Operating Officer of ErisX. "We look forward to welcoming new investors to our crypto markets with an efficient and effective solution for clearing and settlement."
LiquidityFinder
LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.
If you would like to contribute to our website or wish to contact us, please click here or you can email us directly at press@liquidityfinder.com.