Join Our Mailing List
Sunday December 10, 2023
Bitcoin (BTC) $43,816.74   Ethereum (ETH) $2,355.90
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Featured

TradeBlock adds ETH, LTC, XRP, BCH, and ZEC indices

Published by CryptoNinjas.net
03/02/2018
TradeBlock releases new ETH, LTC, XRP, BCH, and ZEC indices

TradeBlock, a leading New York-based provider of institutional trading tools for Bitcoin and other cryptocurrencies today announced the launch of its new indices, with this launch it will be expanding the number of digital currencies for which institutional-grade reference rates are offered.

The new indices will follow the same methodology used in the company  XBX  – Bitcoin and ECX – Ethereum Classic indices, which are widely regarded as a reliable standard for Bitcoin and Ethereum Classic reference rates.

As of this publishing, the following indices will be displayed along the firm’s XBX and ECX indices.

  • ETX index (ETH/USD) – Ethereum
  • LTX index (LTC/USD) – Litecoin
  • XRX index (XRP/USD) – Ripple
  • BCX index (BCH/USD) – Bitcoin Cash
  • ZCX index (ZEC/USD) – Zcash
Reliable Reference Rates

TradeBlock’s indices are designed to provide reliable and replicable, institutional-quality reference rates for the USD-denominated price of digital currencies. Index values are calculated every second by automatically weighting the price of every index constituent based on real-time and historical trading volume, price deviation in relation to other constituents and trading activity. Constituents that deviate significantly from the observed set are de-weighted in real-time to minimize the impact of anomalies on the index’s rate.

By weighting data points based on the liquidity of each venue and by automatically de-weighting irregular trading activity in real-time, the rates calculated by the indices offer maximum replicability in the spot markets.

The new indices consist of liquid markets quoted in USD & XBT. TradeBlock’s XBX index is used as the XBT/USD conversion rate for crosses quoted in XBT. TradeBlock index methodology is guided by the framework defined by IOSCO’s Principles for Financial Benchmarks.

Performance of TradeBlock’s Index Methodology

The images below display the performance of the new indices during a 4-hour window of increased trading activity observed between 4:00 p.m. and 8:00 p.m. EST on February 20th, 2018.

254
SHARES
SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin

Related News

ErisX market data now available on crypto analytics platform TradeBlock

12/08/2020
ErisX market data now available on crypto analytics platform TradeBlock

ErisX, a platform to access crypto spot and futures markets, has partnered with TradeBlock, a provider of digital currency trading tools, analytics, and indexes, to publish its spot market data. "It is critical for...

Read more

TradeBlock updates constituents on all cryptocurrency indices

01/07/2020
TradeBlock updates constituents on all cryptocurrency indices

TradeBlock, a provider of institutional trading tools for digital currencies, has announced that starting on Saturday, January 18th, the company will be updating the constituents on all of its cryptocurrency indices. The process will...

Read more

TradeBlock: Bitcoin on-chain activity set new records in 2019

12/31/2019
TradeBlock: Bitcoin on-chain activity set new records in 2019

Bitcoin had one of its strongest years yet in terms of on-chain activity and usage, with several network metrics demonstrating all-time high activity. Bitcoin transaction count, transaction volume (on a USD equivalent basis), and...

Read more

TradeBlock integrates crypto account management tools for Silvergate

10/10/2019
TradeBlock integrates crypto account management tools for Silvergate

TradeBlock, a provider enterprise-grade data and post-trade infrastructure for cryptocurrencies, today announced a new partnership with Silvergate, providing users the ability to track asset balances and transactional activity. With data from Silvergate now integrated...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
The Best Crypto Casinos: Where Blockchain Meets Gaming Excitement

The Best Crypto Casinos: Where Blockchain Meets Gaming Excitement

12/08/2023
Crypto quant trading platform AlgoTrader completes CHF 3.7M Series A funding

Crypto quant trading platform AlgoTrader completes CHF 3.7M Series A funding

01/08/2020
LiquidApps releases customizable enterprise blockchain specific solution: LiquidChains

LiquidApps releases customizable enterprise blockchain specific solution: LiquidChains

02/20/2020
Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

10/22/2018
Cryptocurrency Payments for Insurance: Are Insurance Companies Really Embracing Bitcoin and Altcoins?

Cryptocurrency Payments for Insurance: Are Insurance Companies Really Embracing Bitcoin and Altcoins?

11/20/2023
4 Things We’ve Learned About Owning Bitcoin in 2023

4 Things We’ve Learned About Owning Bitcoin in 2023

11/13/2023
Fuse Network welcomes Liquify as new blockchain infrastructure partner

Fuse Network welcomes Liquify as new blockchain infrastructure partner

10/02/2023
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy