Liquid Index Series April 2022 Quarterly Review
Brave New Coin Index Governance Committee announces the following items discussed during the BNC April 2022 Quarterly Index Review. This change will affect the Bitcoin Liquid Index (BLX), Ethereum Liquid Index and XRP Liquid Index (XRPLX).
| Index Name | Nasdaq GIDS Ticker | Reuters Instrument Code |
|---|---|---|
| Bitcoin Liquid Index (BLX) | INDEXNASDAQ:BLX | BTCINX=BNC |
| Ethereum Liquid Index (ELX) | INDEXNASDAQ:ELX | ELXINX=BNC |
| XRP Liquid Index (XRPLX) | INDEXNASDAQ:XRPLX | XRPINX=BNC |
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Exchange Exclusion
Due to Poloniex breaching tolerance thresholds for market depth over the previous quarter, the Index Committee has decided to exclude the XRP/BTC market as a constituent from the XRP Liquid Index (XRPLX).
The market will complete its 24 hour phase-out period by Friday 15th April, 03:00:00 UTC.
| Index Name | Exchange | Market | Reason |
|---|---|---|---|
| XRP Liquid Index (XRPLX) | Poloniex | XRP/BTC | Breached eligibility criteria 3.3 market depth |
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Please see the below public release for full details on this announcement.
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