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IPC Systems Taps CME Group’s Cryptocurrency Price Indexes

Posted: Thu Oct 11, 2018 5:17 pm
by kreslik.news

IPC Systems, a provider of trading communications solutions to financial services firms, today announced that CME Group’s cryptocurrency pricing reference feeds are now available on the IPC Connexus Cloud.

With this agreement, IPC Systems will offer its clients with access to data related to CME CF Bitcoin Reference Rate, the reference rate used for the settlement of CME’s Bitcoin futures contracts, and Real-Time Index, which represents current bids and offers of market participants to buy or sell Bitcoin.

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The bitcoin products aggregate the trade flow of major spot exchanges during a ... (read more)