Liquid Index Series October 2022 Quarterly Review
Brave New Coin Index Governance Committee announces the following items discussed during the BNC October 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 |
The Liquid Index series is a collection of single-asset indices covering the largest crypto currencies (BTC, ETH and XRP). Each index is priced using transaction data sourced from the most trusted and liquid exchanges. The Liquid Indices Series is used by a number of industry professionals, financial products and has been independently audited and aligned with IOSCO benchmark principles.
The Liquid Index (LX) Committee continually monitors the liquidity (volume and order book depth) and ongoing eligibility of pricing sources (exchanges). Periodic adjustments to the constituent markets of each index are made to ensure the accurate measure of the underlying interest.
Update to the constituents of the XRP Liquid Index
After sufficient monitoring of the “Eligible Markets and Universe” pricing sources, the BNC Governance Index Committee has approved to include FTX as a pricing source in the XRP Liquid Index (XRPLX).
Included:
| Index | Exchange | Market |
|---|---|---|
| XRP Liquid Index (XRPLX) | FTX | XRP/USD |
Please see the below public release for full details on this announcement.
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