About a-team Marketing Services

A-Team Insight Blogs

SIX Adds Crypto Reference Rates and Real-Time Indices

Subscribe to our newsletter

SIX has released SIX Reference Rate Crypto and SIX Real-Time Crypto indices that will serve as benchmarks for AsiaNext’s crypto derivatives trading platform as well as for institutional investors globally. The indices cover major crypto assets Bitcoin (BTC) and Ethereum (ETH), giving a comprehensive snapshot of the market and its performance. AsiaNext, founded by SIX and SBI Digital Asset Holdings, is a digital asset trading venue for institutional investors.

The indices are built using a transparent rules-based methodology and foster clarity and consistency by sourcing data from multiple exchanges. They enable precise pricing, valuation and performance tracking that support nuanced analysis and strategic decision making within the crypto market.

The SIX Reference Rate Crypto Indices provide the BTC and ETH benchmark price in USD on an hourly basis, while the BTC and ETH SIX Real-Time Indices will be published every second. The indices are accessible through AsiaNext’s institutional crypto derivatives platform, as well as through data feeds from SIX.

Christian Bahr, Head of Index Services, Financial Information at SIX, says: “The introduction of these BTC and ETH indices underlines our dedication to delivering well-tailored solutions for very specific use-cases, such as crypto derivatives trading. I am confident these benchmarks will serve as an indispensable tool for AsiaNext and foster the creation of an ecosystem between derivatives exchanges and institutional investors.”

Sudeep Chatterjee, head of product at AsiaNext, adds: “Partnering with SIX on an industry benchmark for the crypto market provides institutional clients with robust crypto derivatives trading, including standardised performance evaluation and timely risk management, and allows them to make more informed investment decisions and meet regulatory requirements.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Smart Trader Desktops: Placing UX at the front and centre of the trading workflow

Date: 15 October 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Trading strategy is in place, the technology stack is optimised and the trading team is highly skilled – but what about the user experience? Whatever the stack, the desktop, the trading apps and their functionality, a trading platform is...

BLOG

Trading Technologies Unveils Futures TCA and Multi-Asset Trade Surveillance Solutions

Capital markets technology provider Trading Technologies International, Inc. (TT), has introduced two new offerings to its solution suite, enhancing its Data & Analytics and Compliance business lines: TT Trade Surveillance and TT Futures TCA. TT Trade Surveillance, powered by TT’s proprietary SCORE machine learning algorithm, expands the company’s surveillance capabilities across multiple asset classes, including...

EVENT

RegTech Summit New York

Now in its 8th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook – Fourth Edition

Need to know all the essentials about the regulations impacting data management? Welcome to the Fourth edition of our A-Team Regulatory Data Handbook which provides all the essentials about regulations impacting data management. A-Team’s series of Regulatory Data Handbooks are a great way to see at-a-glance: All the regulations that are impacting data management today A...