PRODUCT

Can Bounded futures settle outside of the bounds?
No.  Although the final settlement price may be established outside of the bound, the consideration the buyer or seller receives at expiry is limited by the...
Fri, 24 Sep, 2021 at 4:28 PM
What is Daily Valuation?
On a daily basis the exchange will set a closing price which will be used to value open positions for a “mark-to-market”.
Fri, 24 Sep, 2021 at 4:29 PM
Will ErisX offer leverage?
ErisX has applied to the CFTC to enable margin trading on futures contracts. We will provide additional information once it is available.
Fri, 24 Sep, 2021 at 4:29 PM
What is a fully funded futures contract?
A fully funded futures contract requires the ErisX clearinghouse to hold at all times the entire amount of funds required to settle each futures contract. A...
Fri, 24 Sep, 2021 at 4:30 PM
How does physical settlement work?
ErisX physically delivered futures contracts are settled and expire at 10am CT on the contract-specified expiry day. The settlement process will run between...
Fri, 24 Sep, 2021 at 4:30 PM
How does Cash settlement work for Bounded Futures?
ErisX cash settled Bounded Futures are settled and expire at 10am CT on the contract-specified expiry day. The settlement process will run between 10am and ...
Thu, 18 Nov, 2021 at 10:54 AM
How is the final settlement price for Bounded Futures calculated?
Final settlement price is calculated using an average of the volume weighted average price of executed trades in the Exchange’s spot market during specified...
Fri, 24 Sep, 2021 at 4:31 PM
Where can I see the lower and upper boundary values for a Bounded Futures contract?
The boundary values are in fact contained in the contract symbol in a shorthand format. The bounds are always denominated in the same currency as the quoted...
Wed, 22 Dec, 2021 at 11:46 AM
What do the values in a Bounded Futures contract symbol mean?
A bounded futures contract symbol is made up of the following components: The product e.g. BB The Expiry e.g. W##  Weekly contracts begin with a ‘W...
Wed, 22 Dec, 2021 at 11:48 AM
How much collateral do I need to open a Bounded Futures position?
You can find an example of the collateral required to open a futures position on our Bounded Futures product page On this page you will see that the buy...
Wed, 22 Dec, 2021 at 11:44 AM