The Hong Kong Stock Exchange announced on Monday (October 28) that it will launch a virtual asset index series on November 15 to provide reliable benchmark prices for virtual assets including Bitcoin and Ethername.
Comprehensive Sing Tao Daily and the Hong Kong Economic Daily reported that the Hong Kong Exchange said that the launch of the virtual asset index series is part of the exchanges committed to exploring the emerging fields.Investors provide important benchmarking tools and solutions in the changing market environment, including Bitcoin and Ethereum reference indexes and reference exchange rates.
The reference index is based on the benchmark spot price of the 24 -hour transaction volume of Bitcoin or Etherbus, and is calculated based on the summary market price of a number of major virtual asset exchanges, and immediately denominated in the US dollar.The reference exchange rate is designed for the settlement of financial products and calculated at 4 pm in Hong Kong time every day.
At the same time, this index series will be the first virtual asset index series developed by the EU benchmark regulations (BMR) developed in Hong Kong.CCData jointly manages and calculate.
Chen Yiting, Chief Executive Officer of the Hong Kong Exchange, said that the virtual asset index series can meet the demand for the rapidly rising asset category in the region; by providing transparent and reliable real -time benchmarks, I hope to help investors make wise wisdomInvestment decision.
