Flash News: OKX Announces Index Component Adjustments to Enhance Market Liquidity and Stability
NASSAU, the Bahamas, Jan. 13, 2024 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange and Web3 technology company, has issued updates for January 13, 2024.
OKX Announces Index Component Adjustments to Enhance Market Liquidity and Stability
OKX is set to make adjustments to the components and weights of several indices in order to improve market liquidity and index stability. The adjustments will take place between 6:00 am and 8:00 am UTC on January 18, 2024.
During the adjustment period, the index prices will be recalculated by considering the updated weights of the new components. This process involves weighting the prices of the components based on their respective weights. More information on the adjustments can be found here.
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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
This announcement is provided for informational purposes only; for further information, please refer to OKX’s disclaimer.
