ErisX Crypto Liquidity and Price Discovery for TS Imagine Customers
Chicago, IL, and New York, NY, Tuesday, September 14, 2021 – ErisX, a U.S.-based crypto spot and futures exchange, announced that institutional investors can now access crypto price discovery and liquidity on its high performance exchange via TS Imagine, a cryptocurrency order and execution management system (OEMS) and global leader in electronic trading, portfolio and risk management solutions.
Eris Exchange and Eris Clearing, together ErisX, is a spot and regulated futures exchange and clearinghouse with Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) licenses from the U.S. Commodity Futures Trading Commission. ErisX provides crypto traders and investors a high performance exchange and secured clearinghouse for crypto spot and futures trading, settlement, and storage. Member funds are kept safe by combining best practices in encryption, technology, physical storage, and operational processes including asset segregation. ErisX recently received independent verification of its security and controls via a SOC 2 Type II certification.
“Our collaboration with ErisX was driven by the growing client demand to execute crypto trades on a transparent and regulated platform,” said Andrew Morgan, President and chief revenue officer at TS Imagine. “As a multi-asset trading, portfolio and risk management solution, we provide institutional investors with a reliable, single-entry point to access global markets, including connectivity and execution agents which support strategies that capture the opportunities presented by digital assets.”
“TS Imagine’s customers demand unparalleled performance and global market access. Professional traders choose TS Imagine for its global, multi-asset execution and risk management capabilities and dedication to customer service. Demanding crypto traders likewise want a truly professional trading experience, built by market professionals for market professionals,“ said Thomas Chippas, CEO of ErisX. “TS Imagine leveraged our API-driven, open access approach to integrate seamless access to ErisX’s low cost, low latency, liquid market into their platform and we are confident that their customers will quickly see the benefits of executing their crypto trades on ErisX.”
Institutions wishing to access ErisX via TS Imagine should contact email@example.com to open a Member account and receive API credentials which should be provided to TS Imagine to establish trading access.
About TS Imagine (www.tsimagine.com)
Created out of the combination of two best-in-class SaaS platforms, TradingScreen and TS Imagine, TS Imagine delivers integrated trading, portfolio and real-time risk solutions for capital markets. The platform is uniquely positioned to streamline complex and time-consuming workflows across front, middle, and back office functions.
TS Imagine has close to 400 employees in 10 offices worldwide, serving approximately 500 global buy-side and sell-side institutions across North and South America, EMEA, and Asia Pacific including hedge funds, traditional asset managers, pension funds, mutual funds, and financial institutions.
Licenses and Registrations
ErisX Futures are offered through Eris Exchange, LLC, a Commodity Futures Trading Commission (CFTC) registered Designated Contract Market (DCM) and Eris Clearing, LLC, a registered Derivatives Clearing Organization (DCO). The CFTC does not have regulatory oversight authority over virtual currency products including spot market trading of virtual currencies. ErisX Spot Market is not licensed, approved or registered with the CFTC and transactions on the ErisX Spot Market are not subject to CFTC rules, regulations or regulatory oversight. ErisX Spot Market may be subject to certain state licensing requirements and operates in NY pursuant to Eris Clearing’s license to engage in virtual currency business activity by the New York State Department of Financial Services.
TS Imagine recently participated in SimCorp’s 3-day International User Community Meeting (IUCM) attracting over 500 clients from around the world. For those who were not able to attend the event, we offer this summary of the history, rationale and benefits of the TS Imagine/SimCorp alliance.
EMS integration automates historically manual processes, unlocking hard-to-find liquidity for the buyside community.