Nasdaq Stock Exchange has added the XRP index. Token has risen in price.
Nasdaq Stock Exchange has added the XRP index. Token has risen in price.
XBT/USD: $ 7878.9
XBT/EUR: € 7045.6
ADA/USD: $ 0.080885
ADA/EUR: € 0.07218
BCH/USD: $ 405.2
BCH/EUR: € 363.4
EOS/USD: $ 6.0299
EOS/EUR: € 5.3935
ETH/USD: $ 245.67
ETH/EUR: € 219.87
LTC/USD: $ 89
LTC/EUR: € 79.72
XLM/USD: $ 0.125
XLM/EUR: € 0.112015
XRP/USD: $ 0.38013
XRP/EUR: € 0.34155
Share the news

The new financial instrument will be available on the platform on May 1. With it, users will be able to track changes in the course of the coin company Ripple.

The Nasdaq Stock Operator added another cryptocurrency index called XRP Liquid Index (XRPLX) to the Nasdaq Global Index Data ServiceSM (GIDS) platform. The tool will allow traders to see the spot and reference XRP price rates for the US dollar, Coindesk reports.

Spot is the price that is valid at the time of payment of the asset, and the reference price is the average market price. The Nasdaq index was developed jointly with the New Zealand company Brave New Coin. It is known that the data for XRPLX will be based on an analysis of the indicators of the most liquid platforms.

“XRPLX takes data only from the most liquid exchanges. Now it is Bitfinex, Bitstamp, Poloniex and Kraken. Also plans to add information with Coinbase ", - said experts Brave New Coin.

According to the stock exchange employees, the index is calculated using a methodology that was “independently verified” in accordance with the principles of the International Organization of Securities Commissions (IOSCO). XRPLX will be updated every five minutes and will allow traders to view historical data on the movement of the cryptocurrency rate until 2014. Earlier, there were similar indices for Bitcoin (BLX) and Ethereum (ELX) on the stock exchange.

The news about the new index had a positive impact on the cryptocurrency rate. In the morning, XRP was in the red zone. Now the coin has risen by 2.71% and is now trading at $ 0.30.

Last week, there were suggestions that the largest US platform Nasdaq may be testing financial instruments trading based on the first cryptocurrency. The user under the nickname Cryptopolisx said that he had bought 1 Bitcoin on the Nasdaq platform through a TD Ameritrade broker account.