The Administrator announces that it will demise the CF OMG Network-Dollar Settlement Price and CF OMG Network-Dollar Spot Rate, members of the CF Cryptocurrency Index Family.
In line with the Administrator’s methodology rules, indices for any given Relevant Pair shall require input data from no less than two (2) Constituent Exchanges.
As of May 12th, 2023 input data for the CF OMG Network-Dollar Settlement Price and CF OMG Network-Dollar Spot Rate are only available from a single Constituent Exchange, Kraken. Thus the CF OMG Network-Dollar Settlement Price and CF OMG Network-Dollar Spot Rate no longer conform with the CF Settlement Price Methodology and CF Spot Rate Methodology rules.
Accordingly, the Administrator will demise both benchmarks at 1030 London Time on May 23rd, 2023. This means the CF OMG Network-Dollar Settlement Price published on May 22nd, 2023 will be the final value of this benchmark. The final value of the CF OMG Network-Dollar Spot Rate will be published at approximately 1030 London Time on May 23rd, 2023.
The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.
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CF Benchmarks is a member of the Crypto Facilities group of companies which is in turn a member of the Payward, Inc. group of companies. Payward, Inc. is the owner and operator of the Kraken Exchange, a venue that facilitates the trading of cryptocurrencies. The Kraken Exchange is a source of input data for CF Benchmarks indices.