IPC Systems Taps CME Group’s Cryptocurrency Price Indexes
- The products aggregate the trade flow of major spot exchanges during a specific calculation window.
IPC Systems, a provider of trading communications solutions to financial services firms, on Friday announced that CME Group’s cryptocurrency pricing reference feeds are now available on the IPC Connexus Cloud.
With this agreement, IPC Systems will offer its clients with access to data related to CME CF Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Reference Rate, the reference rate used for the settlement of CME’s Bitcoin futures contracts, and Real-Time Index, which represents current bids and offers of market participants to buy or sell Bitcoin.
The bitcoin products aggregate the trade flow of major spot exchanges during a specific calculation window into a once-a-day, transparent reference rate of the U.S. dollar price of bitcoin.
IPC will also tap CME’s price listing for Ethereum, dubbed the ‘Ether-Dollar Reference Rate.’ The derivatives giant’s real-time index is calculated by Crypto Facilities based on data gathered from Kraken and Bitstamp, which are major cryptocurrency exchanges based in the US and Luxembourg respectively.
Cryptocurrency Legitimization as a Financial Asset
This product provides institutional-grade resources and real-time information for those trading in cryptocurrency markets through a standardized reference rate and spot price index. It was designed to allow cryptocurrency traders, companies and other users to rely on a credible reference rate price source
CME Group is a Chicago-based financial company that owns and operates financial derivatives exchanges in Chicago and New York. It has a market capitalization of $54.6 billion.
IPC helps firms trade faster, scale their businesses and have greater Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. Connexus Cloud integrates sell-side and buy-side firms, inter-dealer brokers and other firms connecting several market participants in 60 different countries.
According to Mike Smith, Director of Global Exchange Relations Management at IPC, “the cryptocurrency market is robust and growing. It represents approximately 10 percent of the $5 trillion traded globally in FX every day. Given continued investor interest in this fast-developing sector, we are making even more real-time data and information available to financial market participants to help inform their cryptocurrency strategies.”
IPC Systems, a provider of trading communications solutions to financial services firms, on Friday announced that CME Group’s cryptocurrency pricing reference feeds are now available on the IPC Connexus Cloud.
With this agreement, IPC Systems will offer its clients with access to data related to CME CF Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Reference Rate, the reference rate used for the settlement of CME’s Bitcoin futures contracts, and Real-Time Index, which represents current bids and offers of market participants to buy or sell Bitcoin.
The bitcoin products aggregate the trade flow of major spot exchanges during a specific calculation window into a once-a-day, transparent reference rate of the U.S. dollar price of bitcoin.
IPC will also tap CME’s price listing for Ethereum, dubbed the ‘Ether-Dollar Reference Rate.’ The derivatives giant’s real-time index is calculated by Crypto Facilities based on data gathered from Kraken and Bitstamp, which are major cryptocurrency exchanges based in the US and Luxembourg respectively.
Cryptocurrency Legitimization as a Financial Asset
This product provides institutional-grade resources and real-time information for those trading in cryptocurrency markets through a standardized reference rate and spot price index. It was designed to allow cryptocurrency traders, companies and other users to rely on a credible reference rate price source
CME Group is a Chicago-based financial company that owns and operates financial derivatives exchanges in Chicago and New York. It has a market capitalization of $54.6 billion.
IPC helps firms trade faster, scale their businesses and have greater Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. Connexus Cloud integrates sell-side and buy-side firms, inter-dealer brokers and other firms connecting several market participants in 60 different countries.
According to Mike Smith, Director of Global Exchange Relations Management at IPC, “the cryptocurrency market is robust and growing. It represents approximately 10 percent of the $5 trillion traded globally in FX every day. Given continued investor interest in this fast-developing sector, we are making even more real-time data and information available to financial market participants to help inform their cryptocurrency strategies.”