Eris SOFR surges to 592,848 contracts, 19% increase from 2025

• Eris SOFR Open Interest (OI) increased 19% year-to-date (YTD), up 94,469 contracts ($9.5B notional) from Dec 31
• 3-year and 5-year Eris SOFR led all tenors in growth, up 41% YTD (from 65K to 92K) and 33% YTD (from 116K to 155K), respectively
• Eris/Treasury Swap Spreads (ETSS) aided OI growth with at least 25,000 contracts ($2.5B notional) traded in each of the 5-year and 10-year ETSS in February
• Asset managers and relative value traders use ETSS to express views on swap spreads or manage portfolio spread risk. Trading ETSS unlocks the benefit of liquid, anonymous, electronic futures markets when compared to the OTC market.
• Click here to learn more about trading swap spreads with futures

First of its kind: Bloomberg Eris SOFR Swap Futures Tracker Indices

• Bloomberg recently announced the launch of Bloomberg Eris SOFR Swap Futures Tracker Indices (the “indices”), the first futures tracker index suite referencing SOFR swap exposure delivered through a futures contract
• “With Eris SOFR Swap Futures open interest more than doubling in 2025, market participants are further embracing exchange-listed tools for interest rate exposure and the Bloomberg Eris SOFR Swap Futures Tracker Indices offer clients a standardized way to benchmark, analyze and express views across the evolving SOFR swap curve,” said Fateen Sharaby, Head of Index Derivatives at Bloomberg Index Services Limited.
• The indices track the performance of holding and rolling Eris SOFR Swap futures across the interest rate curve
• The indices reflect exposure that is centrally-cleared, margin efficient, and based on publicly observable pricing
• Send an e-mail to questions@erisfutures. We can share a Bloomberg launchpad and point you toward the new indices.

Daily Tearsheet features SOFR Swap rates from Eris

• SOFR Swap Rates from Eris Innovations are featured in the monthly and quarterly commentaries for The Daily Tearsheet by Brent Nyitray, a popular newsletter serving the mortgage community
• The publication highlights macroeconomic data, policy signals, and sector trends alongside new data points: SOFR swap rates derived from Eris SOFR markets
• Mortgage companies are active users of Eris SOFR Swap futures for hedging mortgage servicing rights, adjustable rate mortgages, and mortgage pipeline risk

Eris Essentials

CME Group Articles

• Trading swap spreads with futures: A primer for Eris/Treasury Swap Spreads

• CME Group paper: Hedge accounting for the masses: How futures and FASB changed hedging forever

• REITs are Switching to Swap Futures to Free Up Cash

• Mortgage Servicing Rights (MSR) Owners turn to Futures to Hedge Interest Rate Moves

Hedger Introductions

• Eris SOFR for Hedging Loan Commitments

• Eris SOFR for Bank ALM

• Eris SOFR for Private Lenders

• Eris SOFR for MSR hedgers

• Eris SOFR for REIT’s

Other Eris Resources

• Block Market Maker List (now with BMO)

• Product Details: Eris SOFR

• Product Details: Eris/Treasury Swap Spreads

• Live Eris markets (now with Inter-Tenor Spreads)

• Eris SOFR Daily Cash Flows page

• Margin savings vs. swaps

• Eris SOFR FCM & Broker List

• Historical Open Interest

• Trade Log

• Par Rate / Yield Calculator

Eris Innovations is an intellectual property licensing company that partners with CME Group to develop futures based on its patented product design, the Eris Methodology. CME Group lists Eris SOFR Swap futures for trading on the CBOT exchange.

info@erisfutures.com | www.erisfutures.com | 646-961-4489

Disclaimer: The information contained herein does not constitute a prospectus, nor is it a recommendation to buy, sell or retain any specific financial instrument or security. The information has been provided to you for informational purposes only and is intended as a broad overview of certain aspects Eris swap futures products, and should not be considered as investment advice, legal advice, or tax advice. Although all effort has been made to provide accurate information Eris Innovations assumes no responsibility for any errors or omissions. Trademarks of Eris Innovations and/or its affiliates include Eris, Eris Innovations, Eris PAI, Eris Methodology, Eris Pricing Engine and the Eris Logo. All other trademarks, service marks, trade names, product names and logos are the property of their respective owners. Certain elements of the contract design and pricing construct are covered by U.S. Patent No. 9,747,641. Other patents-pending. All Rights Reserved.