fc.The Financial CurrentPublished by Paul Ivinskas
← Companies & organizations
Derivatives product developer · Profile

Eris Innovations

Official site ↗

Eris Innovations is described by Reuters as a Chicago-based futures and options products developer. Its Eris SOFR Swap Futures, listed on CME, are designed as an exchange-traded alternative to over-the-counter interest rate swaps.

Type
Derivatives product developer
Coverage
1 news · 0 dives

What it does

Reuters quotes its chief executive, Mike Riddle, on trading in CME-listed Eris SOFR swap futures. Legal entity details were not verified here.

Latest news

Published Oct 12, 2026Source / event date: October 12, 2026; Reuters analysis, with Freddie Mac survey as of October 8 and Treasury yields through October 9

Rising yields push mortgage investors to hedge, which can add to Treasury selling →

Reuters reports that the rise in long-term Treasury yields has pushed holders of mortgage-backed securities to hedge, a step that can add to bond selling. Analysts quoted expect a smaller effect than in past selloffs; the average 30-year mortgage rate was 7.40% in Freddie Mac's October 8 survey.

Markets · News analysis
Coverage Tags (2)

These tags reflect the subjects covered in this organization’s linked news and research. The number above is its total number of coverage tags.

Sources & last checked

A separate last-checked date for this profile has not been recorded. Relationship evidence and Utah banking records show their own source-check dates where available; news and research dates refer to those articles.