Flash News: OKX to Make Adjustments Components of Several Indices

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Feb 21, 2024, 03:31 ET

NASSAU, The Bahamas, Feb. 21, 2024 /PRNewswire/ -- OKX, a leading crypto exchange and Web3 technology company, has issued updates for February 21, 2024.

OKX to Make Adjustments Components of Several Indices

OKX today announced adjustments to the components and weights of several of its indices. This strategic move is designed to enhance market liquidity and index stability, underscoring OKX's commitment to offering its users the most reliable and efficient trading experience possible.

The adjustments will take place between 8:00 am - 10:00 am UTC on February 21, 2024. The new index prices will be calculated by weighting the prices of the new components according to their updated weights, ensuring a fair and accurate representation of the market.

The indices affected include FLR-USD, LAT-USD, LAT-USDT, STRK-USD, and STRK-USDT, with changes to the exchange pairings and their respective weights. Detailed information about the adjustments is provided here.

For more information, please visit the Support Center.

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

This announcement is provided for informational purposes only; for further information, please refer to OKX's disclaimer.

SOURCE OKX