Market Data & Analytics:

See the market more clearly.

Get an accurate representation of institutional prices.
  • Aggregated pricing direct from leading institutional participants
  • Insulated from exaggerated retail exchange moves
  • Attenuates short term price fluctuations
  • Designed for regulated financial products
OTC DAILY REFERENCE RATE
OTC INTRADAY MID PRICE INDEX

XBT/USD REFERENCE RATE

Last updated 30, July, 2019 16:30 New York

XBT/USD REFERENCE RATE

Last updated 30, July, 2019 16:30 New York

Tassat’s OTC Midpoint Price feed helps institutions see the market clearly, enabling more accurate trading, portfolio management and risk management decisions.

In any financial market, making informed trading and portfolio management decisions relies on high quality price data from sources which are both relevant and well-governed. With little to no oversight or governance and a small fraction of OTC market volume, data from retail “lit” exchanges can be misleading.

Tassat’s Continuous OTC Mid Price Index combines executable prices from 12+ leading OTC market makers providing investors, fund managers, and traders with a reliable indication of the price level at which they can trade 100 BC and 1000 ETH at any given time.

Accuracy & Resilience

Tassat’s Continuous OTC Mid Price Index is algorithmically monitored to identify and reject outliers and prevent index manipulation.

Continuous

The Continuous OTC Mid Price Index is currently available 20 hours x 7 days and with 1 and 30 second update intervals frequency.

Historical Data

Over 14 months of historical OTC pricing data. The largest single source of OTC data available in the market.

Customizable

Tassat’s indicies can be tailored to meet client’s specific use cases.

Robust indicies ensure


market integrity

Use our index data to inform your applications, calculate NAVs and identify fair market value.

  • Quotes for 100 XBT-USD and 1000 ETH-USD based on 12:30-16:30 ET with an average of 100,000 quoted prices per fixing window
  • Represent the mid-market price of the OTC liquidity pool
  • IOSCO Compliant

Data Services

Tassat has captured over 12 months of historical prices on Bitcoin and Ether—more than 100 million data points.

LICENSE

Licenses are available for internal use and integration into applications.

REDISTRIBUTE

Incorporate our reference rates and market data into products you offer clients.

CUSTOM INDICES

We can create custom indices tailored to meet your needs.

Index Contributors

Reference Material

Tassat has designed its OTC reference rates around IOSCO Principles for Financial Benchmarks. Information in the Tassat Statement of IOSCO Compliance has been verified through an independent internal review. The following documentation provides detailed descriptions of the reference rate methodology, oversight, and governance, and other processes.

Governance &


Oversight Committee

The independent governance and oversight committee provides guidance to the index administrator and approves changes to the reference rate processes and procedures. The committee is composed of experts in both the theoretical and practical aspects of digital asset market structure.

Robert Emerson

Tassat

Robert Emerson is Tassat’s Head Quant. He began his career trading interest rate swaps, options, and structured products at Lehman Brothers and Salomon Brothers. More recently, he built one of the premier interest rate derivative data and valuation businesses at SuperDerivatives / Intercontinental Exchange. At Tassat, Robert focuses on product design, risk and financial product modelling, and financial benchmark design. He also serves as Index Administrator for Tassat’s data and index business.

Nick Goodrich

Tassat

Nick Goodrich is Tassat's Director of Business Development. He discovered digital asset markets in 2012 when he began mining and actively trading. He previously built products at Tradeweb in retail, middle markets, and institutional fixed income most notably, a new platform for hedge funds to access fixed income securities through a variety of liquidity pools and trading workflows. Prior to that, he focused on seed investing and mezzanine debt transactions at a state targeted venture fund.

Walton Comer

XBTO

Walton Comer is founder and CIO of XBTO Group. He manages trading, risk management, and develops trading algorithms. Walton was one of the first algorithmic traders to provide liquidity to major crypto exchanges, and a key figure in the formation of the CME strategy for crypto futures. Before XBTO, Walton was a founder and principal at Falcon Bridge Partners, a VP of Risk at SAC Capital Advisors, and a Director of Research at Thornhill Partners. Walton is a co-founder and director of Lucid.

Peter Tchir

Brean Capital

Peter is head of Macro Strategy at Academy Securities. For the past two decades he has been a thought leader in ‘beta’ products, including OTC derivatives, listed futures and ETPs. He was a founding board member of the firm that created the CDX credit derivative indices. He was early amongst mainstream market pundits to identify crypto as a potentially important part of investment portfolios. He holds an MBA from Vanderbilt University and a Bachelor of Math from the University of Waterloo.