The company will add the Bitcoin and Ethereum Liquid Indices to its Global Index Data Service (GIDS).
The indices — the Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) — will offer real-time price updates in thirty-second intervals for clients using NASDAQ’s Global Index Data Service (GIDS).
“(BLX and ELX) are each designed to provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted in USD, and based on the most liquid ends of their markets,” Nasdaq explains, adding:
“Both indices are calculated using a methodology that has been independently audited against key IOSCO principles.”
Nasdaq has taken an…
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