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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

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dxFeed Launched Bixie Index, a USDX Crypto-Twin, to Measure the Value of Bitcoin

New York, New York, United States - 10-25-2022 (PR Distribution™) -

dxFeed, a leading data solutions and index management provider for the global financial industry, both traditional and crypto, has launched the dxFeed Bixie Index (“BXY”) to measure Bitcoin’s value relative to a selected basket of cryptocurrencies. The Index is based on dxFeed’s methodology. The launch comes as part of the company’s plans to expand its index products list in the foreseeable future.

As dxFeed announced at the beginning of the year, it started a sequence of research projects, launching its indexes this year. The first is the dxFeed Bixie Index, a U.S. Dollar Index (“USDX”) crypto-twin. Bixie measures Bitcoin’s value relative to a selected basket of over a hundred cryptocurrencies. Bitcoin’s value (expressed in percent) is measured in other cryptocurrencies proportionally to their importance in the crypto ecosystem, as indicated by the actual traded volume.

Bixie is a step away from the dollar-centric valuations of crypto assets. It strives to provide a Bitcoin value estimate exclusively in terms of other cryptocurrencies. dxFeed leverages its access to large volumes of market data to derive accurate parameter estimates.

dxFeed started its Index Management business line by creating indices for the Small Exchange, Miami Exchange, and Susquehanna International in 2020. “Our professional quant team has grown and strengthened. We constantly conduct our own research. This allows us to create a unique methodology to calculate indices. dxFeed also leverages its access to large amounts of historical data to provide accurate estimates of index parameters,” said Oleg Solodukhin, CEO of dxFeed.

The company plans to launch its second index, the dxFeed Honest Gold Index, next month.

About dxFeed
dxFeed is a leading market data and services provider and calculation agent for the capital markets industry. According to the WatersTechnology 2022 IMD & IRD awards honors, it’s The Most Innovative Market Data Project. dxFeed focuses primarily on delivering financial information and services to buy- and sell-side institutions in the global markets, both traditional and crypto. That includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers).

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Contact dxFeed: pr@dxfeed.com 

Media Contacts:

Company Name: dxFeed
Full Name: Kate Zapekina
Phone: +1 201 685-9280
Email Address: Send Email
Website: https://dxfeed.com/

For the original news story, please visit https://www.prdistribution.com/news/dxfeed-launched-bixie-index-a-usdx-crypto-twin-to-measure-the-value-of-bitcoin/9359894.

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