- 10-year Eris SOFR markets tightened in August, including a best bid/ask spread within 0.5 basis points for 25% of regular trading hours, and within 0.75 bp for 85% of the time, according to BMLL Technologies data
- Tightening prices are driven by market makers realizing capital efficiencies from CME’s recent addition of Eris SOFR to its cleared swap portfolio margining offering
- Need help finding Eris SOFR markets on Bloomberg? Here is an example of the Bloomberg Launchpad for Eris Markets, which you can request directly from Eris
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