Flash News: OKX to Make Adjustments to Components for Several Indices

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Mar 06, 2024, 02:54 ET

NASSAU, the Bahamas, March 6, 2024 /PRNewswire/ -- OKX, a leading crypto exchange and Web3 technology company, has issued updates for March 6, 2024.

OKX to Make Adjustments to Components for Several Indices

OKX has announced that it will be making strategic adjustments to the components of several indices. The adjustments are scheduled to take place between 9:00 am and 11:00 am UTC on March 6, 2024.

These adjustments are being made to enhance market liquidity and ensure the stability of indices. The newly adjusted index prices will be calculated by weighting the prices of the updated components based on their revised weights.

The index component adjustment details reflect a comprehensive and strategic approach to improve the performance of the indices, as outlined in the recent announcement. The changes include adjustments in the weights of several components across multiple indices such as ANT/USD, ANT/USDT, CRO/BTC, IOTA/USDT, MANA/BTC, MKR/USDT and STRK/USD.

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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

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