Update To The Pricing Sources Of BNC-BTSE Composite Index (BBCX)
On Thursday, December 19th, 2019, BNC will update its pricing sources for calculating the BNC-BTSE COMPOSITE INDEX (BBCX).
The current pricing sources are made up of five constituents exchanges and we will be introducing two more exchanges to make a total of seven exchanges. The expanded set of exchanges will make BBCX tracks more closely to the real-time market performance of the underlying assets and enhance its accuracy and robustness.
All constituents exchanges will be reviewed periodically by the BNC-BTSE index committee and updated in line with the overall market developments
Please see the below public release for full details on this announcement.
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