Asset managers and mega blocks drive 60K record monthly Eris SOFR volume; Eris SOFR exceeds 10% of MAC swap market; Eris Options now available on PolyPaths
Eris SOFR Swap futures and Eris Options set another monthly volume record in September with 62,269 contracts ($6.2B notional) ADV. Q3 ADV also set a new record of just over 32,000 contracts ($3.2B notional), up more than 135% from the prior year. Asset Managers were a key driver of record volume, amassing significant positions during September of nearly 250,000 contracts ($25B notional) at the Sep 22 peak, according to CFTC Commitment of Traders reports
