Exchange operator Nasdaq, the company announced the addition of 25 February two new indexes for bitcoin and Ethereum in Global Index Data ServiceSM (GIDS) — information service for traders.
Data for Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX) will be submitted to the GIDS in the consolidated data stream in real-time. Information updates will occur every 30 seconds.
Indexes BLX and ELX is designed to provide the reference or spot rate in real time for the price of 1 BTC and 1 ETH, respectively, quoted in USD and are based on the most liquid markets.
Nasdaq noted that both indices are calculated using a methodology independently verified in accordance with the principles of the International organization of securities commissions (IOSCO).
“BLX is one of the most reference indexes BTC among capturadora and lasted until 2010. Similarly, the ELX was designed before 2014”, — said the company in a statement.
Over the past few months the Nasdaq has made several steps in cryptoprocessor. The company has invested in blockchain startup Symbiont, the launch of regulated cryptocurrency exchange ErisX. In addition, Nasdaq has provided its technology has seven cryptomeria, including Gemini brothers Winklevoss.