Effective June 9, 2021, Nasdaq will begin disseminating new indexes on the Nasdaq Global Index Data Service (GIDS).
The new indexes include the Nasdaq Bitcoin Reference Price (NQBTC) and Nasdaq Ethereum Reference Price (NQETH). These are two separate single asset indices designed to provide a reference prices for associated products.
The indices are priced according to the process outlined in the methodology document for the Nasdaq Crypto Index (NCI), which involves a multi-source exchange weighted mechanism for determining price. The indices are intended to support actively traded investment products to include ETFs.
On Wednesday, June 9, 2021, data recipients will receive real-time index information from the proprietary GIDS data feed with the following attributes:
In addition to the real-time tick messages, Nasdaq will support the following directory messages on GIDS:
- Equities Summary (Message Type F): Disseminated at the end of the U.S. and European trading session to relay the summary of the current trading day’s activity for an equity index.
- Index Directory (Message Type R): Disseminated at the start of each day to relay basic index information.
For access and more information on the Index on the Nasdaq Global Index Watch (GIW) and Nasdaq Global Index FlexFile Delivery (GIFFD), please contact Nasdaq Index Data Sales.