Peter Zhang
February 3, 2025 07:40
Bitmex has temporarily eliminated the _next indexes, which are aligned with live indices for Mark’s price calculations, with plans to report in March 2025 before the next index re -quilibrium.
In a significant movement that affects market participants, Bitmex has announced the temporary elimination of their _next rates from February 3, 2025. The _next indices currently reflect the living indices used to calculate brand prices, according to Bitmex .
Reason for provision
The decision to temporarily eliminate these indices is produced as part of the maintenance of routine and the strategic planning of Bitmex. The exchange of cryptocurrencies plans to relist the _next indices in March 2025, just before its next programmed reopening index. This planned relationship aims to ensure that the indices are aligned with the updated market conditions and provide precise price mechanisms.
Impact on merchants
Merchants who use these indices for their commercial strategies may need to adjust their approaches during this period of temporal exclusion. The _next indices are crucial to calculate brand prices, which influence the valuation of open positions on the platform. Therefore, this change can affect the commercial strategies that depend on these specific indices.
Future plans
Bitmex has assured its users that the relationship with the _Next indexes will occur before the next reheilibrium of the programmed index, maintaining the integrity and accuracy of its negotiation platform. This proactive approach intends to minimize interruptions and guarantee a perfect transition to market participants.
For more information and updates, users are encouraged to visit the official announcement in the Bitmex blog.
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