BestX Crypto Hourly Fixing Benchmark

Block-chain technology and cryptocurrencies are gaining popularity, not only in the retail world, but also in finance. Some have gone as far as regarding it as the industrial revolution for finance, and the increasing number of institutional players disclosing their ambitions in the digital space reinforces this vision. Whilst the commitment to these new markets cannot be doubted, the success of this nascent technology is far from guaranteed.

At BestX however, being at the forefront of financial analytics, we see an opportunity to improve transparency and drive efficiency in the space by creating an official crypto fixing. A robust hourly fixing would provide the crypto world with a trustworthy benchmark that could be applied to smart contract execution, ETF calculation and crypto future settlement.

In this paper, we explore the methodology for the creation of such fixing and its use-cases. Please email contact@bestx.co.uk if you are a BestX client and would like to receive a copy of the paper, which is also hosted within our FAQ section of the UI.