Cboe To Launch Cryptocurrency Indices In Q2 2021

Cboe Global Markets plans to launch a set of new indices based on leading cryptocurrencies in the first half of next year.

To do this, the owner of the Chicago Board Options Exchange entered into a licensing agreement with the data provider CoinRoutes. Initially, Cboe will only focus on tracking the dynamics of the exchange rate of cryptocurrencies with high market capitalization against the US dollar..

Himself the process of introducing new information tools will take place in three stages. First, historical data on the prices of underlying assets for the first quarter of 2021 will be collected. Next, Cboe will begin informing customers about cryptocurrency rate fluctuations in real time. Only then will the global index group of the company be supplemented with new instruments..  

Cboe To Launch Cryptocurrency Indices In Q2 2021

S&P Dow Jones To Launch CRYPTO Indexes in 2021 For BITCOIN, ETHEREUM, & XRP!

The actual launch of crypto indices should take place in the second quarter of 2021, according to Cboe Chief Information Officer Catherine Clay..

Although the Chicago Board Options Exchange suspended trading in Bitcoin futures in March 2019, management claims the company has not lost interest in digital assets..

text: Ivan Malichenko, photo: Getty Images

Cboe To Launch Cryptocurrency Indices In Q2 2021

Similar articles