NOTE - Eris is not tax or accounting advisor, you should check with your own auditors to confirm proper treatment
- Eris Swap Futures can receive a high degree of effectiveness as a cash flow or fair value hedge, given minimal date mismatch and the ability to hold contracts to underlying maturity
- There are Eris contracts that expire nearly every 3 months for the next 30 years
- There is no forced quarterly roll for Eris contracts, positions do not have to be terminated at the effective date. Duration / price sensitivity will decline over the life of the trade, like the hedged item
