The index leverages a proprietary algorithm which compiles and filters data on a real-time basis from a number of widely utilized global bitcoin exchanges. TeraExchange will act as the index administrator and calculation agent for the index, which will be distributed to market participants and is also available for licensing.
In addition to serving as the settlement price for TeraExchange's regulated bitcoin swap contracts, the Tera Bitcoin Price Index will also provide a benchmarking tool for U
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails