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Eris to take interest-rate swap system live May 18

The startup derivatives market Eris Exchange on May 18 will go live with a new trading system intended to broaden access to its interest-rate swap futures.

The same technology used to power the currency-trading platform Currenex will underlie Eris’ nascent markets, which are designed to offer swift, efficient trading in products that typically are traded privately between investors and banks. Get the full story »