New York, New York, USA, Oct. 25, 2022 (GLOBE NEWSWIRE) — dxFeed, a leading provider of data solutions and index management for the global financial industry, both traditional and crypto, has launched the dxFeed Bixie Index (“BXY) ”) to measure Bitcoin’s value relative to a selected basket of cryptocurrencies. The index is based on dxFeed’s methodology. The launch comes as part of the company’s plans to expand the list of index products in the foreseeable future.

As dxFeed announced at the beginning of the year, it started a sequence of research projects, launching the indexes this year. The first is the dxFeed Bixie Index, a US Dollar Index (“USDX”) crypto-twin. Bixie measures Bitcoin’s value against a selected basket of over a hundred cryptocurrencies. Bitcoin’s value (expressed as a percentage) is measured in other cryptocurrencies in proportion to their importance in the crypto ecosystem, as indicated by the actual traded volume.

Bixie is a step away from dollar-centric valuations of cryptoassets. It strives to provide a Bitcoin value estimate exclusively when it comes to other cryptocurrencies. dxFeed leverages its access to large volumes of market data to derive accurate parameter estimates.

dxFeed started its Index Management business line by creating indices for Small Exchange, Miami Exchange and Susquehanna International in 2020. “Our professional quant team has grown and strengthened. We are constantly conducting our own research. This allows us to create a unique methodology for calculating indices. dxFeed also leverages access to large amounts of historical data to provide accurate estimates of index parameters,” said Oleg SolodukhinCEO of dxFeed.

The company plans to launch its second index, the dxFeed Honest Gold Index, next month.

About dxFeed
dxFeed is a leading provider of market data and services and calculation agent for the capital markets industry. According to the WatersTechnology 2022 IMD & IRD awards honors, it is The Most Innovative Market Data Project. dxFeed focuses primarily on providing financial information and services to buy-side and sell-side institutions in the global markets, both traditional and crypto markets. It includes brokerages, prop traders, exchanges, individuals (traders, quants and portfolio managers) and academia (educational institutions and researchers).

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Contact dxFeed: [email protected]

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• dxFeed launched the Bixie Index, a USDX Crypto twin, to measure the value of Bitcoin

New York, New York, USA, Oct. 25, 2022 (GLOBE NEWSWIRE) — dxFeed, a leading provider of data solutions and index management for the global financial industry, both traditional and crypto, has launched the dxFeed Bixie Index (“BXY) ”) to measure Bitcoin’s value relative to a selected basket of cryptocurrencies. The index is based on dxFeed’s methodology. The launch comes as part of the company’s plans to expand the list of index products in the foreseeable future.

As dxFeed announced at the beginning of the year, it started a sequence of research projects, launching the indexes this year. The first is the dxFeed Bixie Index, a US Dollar Index (“USDX”) crypto-twin. Bixie measures Bitcoin’s value against a selected basket of over a hundred cryptocurrencies. Bitcoin’s value (expressed as a percentage) is measured in other cryptocurrencies in proportion to their importance in the crypto ecosystem, as indicated by the actual traded volume.

Bixie is a step away from dollar-centric valuations of cryptoassets. It strives to provide a Bitcoin value estimate exclusively when it comes to other cryptocurrencies. dxFeed leverages its access to large volumes of market data to derive accurate parameter estimates.

dxFeed started its Index Management business line by creating indices for Small Exchange, Miami Exchange and Susquehanna International in 2020. “Our professional quant team has grown and strengthened. We are constantly conducting our own research. This allows us to create a unique methodology for calculating indices. dxFeed also leverages access to large amounts of historical data to provide accurate estimates of index parameters,” said Oleg SolodukhinCEO of dxFeed.

The company plans to launch its second index, the dxFeed Honest Gold Index, next month.

About dxFeed
dxFeed is a leading provider of market data and services and calculation agent for the capital markets industry. According to the WatersTechnology 2022 IMD & IRD awards honors, it is The Most Innovative Market Data Project. dxFeed focuses primarily on providing financial information and services to buy-side and sell-side institutions in the global markets, both traditional and crypto markets. It includes brokerages, prop traders, exchanges, individuals (traders, quants and portfolio managers) and academia (educational institutions and researchers).

Follow us on Twitter, Facebook and LinkedIn.
Contact dxFeed: [email protected]

For the original news story, please visit

• dxFeed launched the Bixie Index, a USDX Crypto twin, to measure the value of Bitcoin