TWO new indices connected to the crypto market will soon be included in NASDAQ Stock Exchange’s platform.
In a statement issued on February 11 by the second-largest stock exchange in the world, NASDAQ announced Bitcoin Core and Ethereum’s entry starting February 25, 2019.
The new indices – the Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) – will provide a real-time spot and reference rate priced at 1BTH and 1ETH.
In addition to the tick-messages, recipients would also be getting real time index updates from Nasdaq Global Index Data ServiceSM (GIDS). Index level information will be disseminated by Nasdaq’s data partner Brave New Coin.
UBLEX, Digital Asset Finance Platform, Launches USDT – BTC Exchange Market
Thursday April 18, 2019
The global cryptocurrency exchange UBLEX (www.ublex.com) officially announced the opening of the USDT and BTC markets on April 16. UBLEX launched exchange service last month to become the world`s leading crypto-based financial asset platform where investors around the world can easily trade and manage their own digital assets. Opening the tether and bitcoin market beforehand reason […]
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Introducing digital assets to the stock market
NASDAQ further stated:
“BLX and ELX work by capturing data from multiple exchanges to provide a single price point for BTC and ETH, which helps traders get in and out of a given position.”
The latest move by NASDAQ is believed to be one way of introducing digital assets to traditional stock market investors.
Since last year, the exchange began publishing reports about Bitcoin and partnered with Vaneck, an investment management firm based in New York, to initiate Bitcoin futures as trading goes through a falling market.
The new cryptocurrency indices will soon be part of the several NASDAQ indices such as the NASDAQ Composite and the NASDAQ 100.
(Jet Encila is a journalist, editor and freelance writer from the Philippines).
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Man U, Canon Medical Develop Performance Imaging in Partnership
Thursday November 01, 2018
Manchester United, the global soccer giant and perennial English Premier League contender, has renewed its partnership with Canon Medical Systems Europe. The company continues as the team’s official medical systems partner, and the sophisticated use of its imaging technology promises to offer the Red Devils a competitive advantage. Canon, perhaps best known for its advanced photography
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