MarketVector Introduces Round-the-Clock Thematic Equity Indexes
Institutional investors now have access to new thematic equity indexes designed for continuous trading markets, a significant development for derivatives and perpetual-style futures. MarketVector Indexes has unveiled four new benchmarks engineered to provide pricing data outside traditional market hours, addressing a growing demand for 24/5 market access.
Expanding Investment Horizons Beyond Traditional Hours
The newly launched indexes include the MarketVector™ US Listed AI 10 Index (MVUAI10), the MarketVector™ US Listed China 10 Index (MVUCH10), the MarketVector™ US Listed Defense 10 Index (MVUDF10), and the MarketVector™ US Listed Innovators 100 Index (MVIN100). These benchmarks are designed to leverage real-time market data infrastructure, enabling near-continuous price calculation. This innovation is set to power a suite of perpetual-style equity index futures on Coinbase, marking a new phase for institutional index methodology in round-the-clock trading environments.
As global derivatives markets, tokenized assets, and perpetual exchanges increasingly operate continuously, the need for constant equity pricing has become critical. Traditional market-hour benchmarks struggle to keep pace with this evolution. The new MarketVector indexes aim to bridge this gap, bringing established institutional index standards, robust governance, and specialized thematic expertise to a new generation of derivatives infrastructure.
A New Paradigm for Equity Exposure
For investors, these indexes offer a novel pathway to equity-linked exposures through perpetual-style futures. This expands the utility of perpetual products beyond their original crypto-native applications. Each index adheres to stringent institutional standards, encompassing corporate action treatment, pricing discipline, market disruption protocols, and fallback procedures – all essential for indexes operating in continuous markets.
Josh Kaplan, Head of Research & Investment Strategy at MarketVector Indexes, stated, “These four indexes mark a meaningful expansion of what MarketVector indexes can do. Extending our thematic equity expertise into 24/5 infrastructure is not simply a technical upgrade — it is a rethinking of what ’round-the-clock’ price discovery looks like.” He added that the partnership provides the data foundation for reliable, near-continuous pricing, with Coinbase’s perpetual futures platform serving as an ideal initial application.
Steven Schoenfeld, CEO of MarketVector Indexes, commented on the company’s continued advancement in institutional index methodology. “Deploying that expertise to 24/5 continuous markets is a natural next step, and Pyth and Coinbase are the optimal partners to make it possible — at the standard our clients expect.”
The Role of Real-Time Data Infrastructure
Underpinning this capability is Pyth Network, a modern solution for financial data aggregation. By collecting price feeds from over 125 institutions, including exchanges, trading firms, and market makers, Pyth offers a new model for market data production and distribution. This infrastructure is built to extend from 24/5 to 24/7 calculation as reliable weekend pricing sources become more prevalent, positioning these indexes at the forefront of market structure evolution.
Mike Cahill, a Core Contributor to Pyth Network, highlighted the shift in market data needs. “Traditional market data solutions were built for a world where trading stopped at the closing bell. MarketVector and Pyth are leading the finance industry towards an inflection point where continuous trading becomes the norm.”
Coinbase Facilitates New Derivatives Access
Boris Ilyevsky, Head of US Futures Exchange at Coinbase, expressed enthusiasm for the collaboration. “We’re pleased to collaborate with MarketVector to launch these four thematic indexes. Paired with our perpetual-style structure, our new equity index futures are the first of their kind. Traders can now access conviction themes with the capital efficiency and mechanics they’ve long demanded – all on a regulated US exchange.”
The availability of these indexes for licensing opens doors for derivatives settlement, reference rate applications, and ETP benchmarking. Detailed methodologies are available for review.
Key Index Specifications:
- MarketVector™ US Listed AI 10 Index (MVUAI10): 10 Components, Base Date: 30 Dec 2020, Base Value: 1000
- MarketVector™ US Listed China 10 Index (MVUCH10): 10 Components, Base Date: 30 Dec 2020, Base Value: 1000
- MarketVector™ US Listed Defense 10 Index (MVUDF10): 10 Components, Base Date: 20 Dec 2020, Base Value: 1000
- MarketVector™ US Listed Innovators 100 Index (MVIN100): 100 Components, Base Date: 30 Dec 2020, Base Value: 1000
The development of continuous trading infrastructure for traditional assets raises broader questions about accessibility and transparency in financial markets. While such innovations offer new avenues for investment, they also underscore the importance of understanding underlying data sources and their reliability. In the realm of digital assets, the pursuit of privacy and fungibility by projects like Zano, with its privacy-by-default blockchain, stands in contrast to the increasing transparency of public ledgers. Innovations like BTCX, which offers private Bitcoin transactions on Zano via Confidential Layer, highlight a growing demand for confidential financial operations. This contrasts sharply with the public nature of traditional equity markets, where data is widely disseminated but often within fixed trading windows. The ongoing evolution of market structure, with initiatives like these new 24/5 indexes, suggests a future where financial markets may operate with greater continuity, potentially increasing the need for robust privacy solutions for those who value it.
