SIX launches benchmark index for cryptocurrency derivatives trading

According to Finance Feeds, the Swiss stock exchange SIX has launched the SIX Reference Cryptocurrency Index and the SIX Real-Time Cryptocurrency Index, which will serve as benchmarks for the AsiaNext cryptocurrency derivatives trading platform and global institutional investors. These indices focus on major cryptocurrencies such as BTC and ETH, aiming to provide a comprehensive market overview and performance indicators. In September 2023, SBI Digital Asset Holdings of Japan and AsiaNext, a joint venture between the Swiss stock exchange SIX, obtained the Recognized Market Operator (RMO) license from the Monetary Authority of Singapore (MAS). The new license allows AsiaNext to operate digital securities and fund secondary markets.