Eris Innovations created Eris SOFR Swap futures, liquid and easily accessible CME Group futures contracts. Eris SOFR provides the market with easy access to trade 1-year to 30-year SOFR swaps, while saving participants 60-65% on initial margin compared to swaps. Eris SOFR contracts are simple and efficient to trade, and are commonly used by mortgage companies, lenders and fixed income investors.