Nasdaq is Bitcoin and Ethereum Index for real-time information
Home News Nasdaq is Bitcoin and Ethereum Index for real-time information
Marcel Knobloch –
According to the Nasdaq last year, has announced the trading with Bitcoin, Ethereum and co. to the eye, came great hope in the crypto market for a new crypto-spring. In 2 weeks, a new Bitcoin and Ethereum Index will be introduced on the Nasdaq.
Nasdaq plans to the 40,000 indexes, in order to expand two crypto-currency indices, the Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX),. The exchange will work with the cryptographic data company Brave New Coin. The two new indices will collect real-time information and the user all around with prices to provide, so that more informed trade decisions. Nasdaq leads from (freely translated):
Starting Monday, the 25. February 2019, Nasdaq, through its data dissemination relationship with Brave New Coin is a real-time information on Bitcoin and Ethereum – Index in real-time via the Nasdaq Global Index Data ServiceSM (GIDS).
The BLX and the ELX will provide real-time prices for the reference price of 1 BTC or 1 ETH, which is quoted in USD, the current most platforms (freely translated):
Both indices are calculated according to a method that was independent of the main IOSCO-tested principles. The BLX is one of the most commonly referenced BTC-indices under the crypto traders and has been calculated back to 2010. Similarly, the ELX was calculated to 2014.
In addition to real-time messages, are also provided summaries of the trading activities and the basic index information about the Global Index Data Service. According to other Reports, Nasdaq currently its proprietary market surveillance technology to a total of seven crypto-currency exchanges. The company wants to be translated to expand its Expertise further in order to create a trusted environment to trade digital Assets to further promote (for free):
We at Nasdaq are working on it, crypto-currencies help to win the trust of investors, by offering our technology for the Matching, Clearing and the integrity of the trade for the Start-UPS. We have also invested in ErisX, an institutional marketplace for Spot and Futures on crypto-currencies.
Brave New Coin is a company that collects quantities and through the use of intelligent Algorithms analysis in-depth tools ready. All interested parties can already be viewed now on the website of the company, the Bitcoin Liquid Index and the Ethereum Liquid Index.
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