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CME Group Unveils New Cryptocurrency Indices for Global Investors

Guavy AI Editorial Team
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CME Group is set to launch two new cryptocurrency indices on August 31. The CME CF Crypto Market Index and CME CF Emerging Crypto Index will track the performance of the largest digital assets, using a free-float market capitalization-weighted method.

The indices will be available via the CME CF Cryptocurrency Pricing Market Data feed, which will publish real-time and settlement prices. The real-time indices will be updated approximately once every second, while settlements will be published shortly after 4 p.m. London time each day.

The new indices are part of CME Group's efforts to provide more cryptocurrency-related products and services to its clients. They will not be used in the settlement of any contracts, but will instead serve as a benchmark for investors looking to track the performance of cryptocurrencies.

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