SIX’s real-time indices for the biggest names in finance | Cryptocurrency and Blockchain News
Setting the stage for innovation
SIX’s latest product aims to redefine how financial institutions navigate the dynamic world of digital assets. Focusing on major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), this index provides comprehensive insights into market trends and performance indicators. Built on a transparent rules-based methodology, it aggregates data from multiple exchanges to provide clarity and consistency.
Strengthening the Capacity of Institutional Investors
AsiaNext, a digital asset trading platform, was founded by SIX and SBI Digital Asset Holdings. It serves as a safe place for institutional investors looking to engage in regulated cryptocurrency derivatives trading. Maintaining strict corporate governance and internal control standards, AsiaNext ensures a stable environment in which to execute market strategies and trade digital assets with confidence.
Connecting traditional finance and cryptocurrency
AsiaNext’s collaboration with SIX plays a pivotal role in bridging the gap between traditional finance and the cryptocurrency ecosystem. This partnership, which provides financial institutions with robust governance, processes and tools, enables proactive measurement and monitoring. It addresses the rapidly evolving cryptocurrency market and sets precedent for fair valuation, standardized performance evaluation, and regulatory compliance within the industry.
Index disclosure
SIX Reference Rate Cryptocurrency Index provides hourly benchmark prices for BTC and ETH in USD, providing a reliable basis for pricing, valuation and performance tracking. Meanwhile, the BTC and ETH SIX real-time indices are updated every second, allowing investors to stay informed about market trends in real time. These indices serve as an indispensable tool for institutions navigating the complexities of cryptocurrency derivatives trading.
Promoting institutional adoption
Dr. Christian Bahr, Head of Index Services at SIX, highlights the role of indices in providing tailored solutions for specific use cases, such as cryptocurrency derivatives trading. Careful data cleaning and sourcing from trusted exchanges enables institutional investors to make informed decisions in a rapidly changing market environment.
Strengthen risk management and compliance
Sudeep Chatterjee, Head of Product at AsiaNext, highlights the platform’s commitment to providing robust cryptocurrency derivatives trading solutions to institutional clients. Standardized performance assessments and timely risk management tools enable institutions to make informed investment decisions while meeting regulatory requirements.
A milestone in cryptocurrency trading
The launch of the SIX Reference Rate Cryptocurrency Index and the SIX Real-Time Cryptocurrency Index represents a significant milestone in the institutional adoption of cryptocurrency assets. By providing accurate pricing, valuation, and performance tracking, these indices pave the way for a more transparent and efficient cryptocurrency trading ecosystem.
conclusion
As the cryptocurrency market develops, tools such as the SIX index play an important role. It will shape the future of institutional investing and derivatives trading, promoting transparency, accuracy and compliance. SIX and AsiaNext drive innovation to facilitate the seamless integration of traditional finance and cryptocurrency economies. In summary, the launch of these indices highlights our commitment to excellence and sets a new standard for institutional participation in the dynamic world of cryptocurrency trading. With AsiaNext and SIX at the forefront of innovation, the future of cryptocurrency derivatives trading looks brighter than ever.