CME Group said it is adding three regional U.S. dollar reference rates and real-time indexes for Ethena’s ENA token, covering the London, New York and Asia-Pacific market close windows. The benchmarks will be published daily starting Aug. 24.
According to the announcement cited by Techub News, the pricing benchmarks are calculated by CF Benchmarks using trade data from qualified spot exchanges. They are scheduled for release at 4 p.m. local time in each region, with updates continuing on weekends and holidays.
The new tools are designed for portfolio valuation, risk control and the pricing of ENA-linked financial products. CME Group said the benchmarks are intended to provide institutions with a standardized valuation reference across major trading regions.
CME Group said it is adding three regional U.S. dollar reference rates and real-time indexes for Ethena’s ENA token, covering the London, New York and Asia-Pacific market close periods. The benchmarks will be published daily starting Aug. 24.
The benchmarks are calculated by CF Benchmarks using trade data from qualified spot exchanges. They are set to be released at 4 p.m. local time in each region, and will continue to update on weekends and holidays.
The pricing tools can be used for portfolio valuation, risk control and the pricing of ENA-related financial products, providing institutions with a standardized valuation reference.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.