Liquid Index Series July 2020 Quarterly Review
Brave New Coin Index Governance Committee announces the following items discussed during the BNC July 2020 Quarterly Index Review. This change will affect the Bitcoin Liquid Index (BLX), Ethereum Liquid Index and XRP Liquid Index (XRPLX).
Trust Factors
The trust factors have been recalculated for the next quarter. The committee analyses the difference with last quarter and no anomaly has been identified.
Exchange Inclusion
The Index Committee decided to start analysing the following markets because of their significant liquidity. The below marketplaces and their pairs will be evaluated during the next quarter for inclusion.
| Index | Exchange | Market |
|---|---|---|
| Bitcoin Liquid Index (BLX) | Bitstamp | BTC/EUR |
| Ethereum Liquid Index (ELX) | itBit Bittrex LMAX Digital |
ETH/USD ETH/USD ETH/USD |
| XRP Liquid Index (XRPLX) | Bittrex BTC Markets Coinbase LMAX Digital |
XRP/USD XRP/USD XRP/BTC XRP/USD |
Exchange Exclusion
Due to uncertainty surrounding Poloniex (Polo Digital Asset, Ltd) regulatory oversight following a recent change of ownership, this pricing source will be reviewed by our research team to access its ongoing inclusion in the LX Index series. Any changes to index market constituents will be addressed in a separate index announcement, and give suitable notice to benchmark users. The Poloniex markets currently used as constituents are:
| Index | Exchange | Market |
|---|---|---|
| Ethereum Liquid Index (BLX) | Poloniex | ETH/BTC |
| XRP Liquid Index (XRPLX) | Poloniex | XRP/BTC |
Please see the below public release for full details on this announcement.
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