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Cboe to Launch Crypto Indices

Cboe Global Markets has confirmed plans to create crypto indices early next year after signing a major licensing agreement with trading software provider CoinRoutes. Through the licensing agreement Cboe said it will use the RealPrice data feed from CoinRoutes to establish digital asset indices and offer custom index creation and calculations to clients. CoinRoutes’ RealPrice consolidated best-bid-offer cryptocurrency market data feed incorporates real-time actual cost to trade specific quantities of digital assets. Cboe will also use RealPrice for portfolio construction tools, pre-trade and cost estimation tools, risk measurement analytics for lenders, and historical data for back-testing through its Cboe information solutions business arm. Cboe said it expects to offer RealPrice data on its CSMI Cryptocurrency (CCCY) channel by the end of the first quarter in 2021.

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