11–20 of 571 posts
Tangent question: why do financial services pluralize index as 'indexes' rather than 'indices'? Throws me off every time, and seems to be an industry thing.
https://ycharts.com/companies/ETHE/discount_or_premium_to_na...
Aside: Seems covid is accelerating understanding & adoption of crypto.
I remember when I couldn't perform a wire transfer for a full week back in March '20 - at one of the most reputable banks globally. I lost money due to this. Never again.
Tangent question: why do financial services pluralize index as 'indexes' rather than 'indices'? Throws me off every time, and seems to be an industry thing.
Tangent question: why do financial services pluralize index as 'indexes' rather than 'indices'? Throws me off every time, and seems to be an industry thing.
Edit: interestingly, the title of the article uses the English, while the body uses the Latin (although in one case that’s because it’s from a name).
Edit2: Relatedly, I had a "shower thought" that even the most pedantic Latinophiles say "albums" instead of "alba". Although I also know a Latinophile who reluctantly used "alba" for a folder on his music app -- but that was only because "albums" was a reserved word.
Launced in 2018[0], it was shut down just a couple of months later[1].
From the articles at the time, it seems that the major reason for the shut down was that the market was going down, and all investors saw losses (because it was 2018 in crypto). Maybe they will resurrect this idea now that the market is going up.
[0]: https://blog.coinbase.com/coinbase-index-fund-is-open-for-in... [1]: https://www.coindesk.com/coinbase-confirms-shutdown-of-crypt...
Coinbase used to have an Index Fund weighted by market cap. Launced in 2018[0], it was shut down just a couple of months later[1]. From the articles at the time, it seems that the major reason for the shut down was that the market was going down, and all investors saw losses (because it was 2018 in crypto). Maybe they will resurrect this idea now that the market is going up. [0]: https://blog.coinbase.com/coinbase-in…
Is this just a way of buying multiple cryptocurrencies without needing multiple clients and a fee?
No - indices are basically a (possibly weighted) average of prices. They're informational, not an investment product. That said, investment companies will frequently launch funds that track some index. So the investment products like what you're describing may follower.
It's not clear to me from the press release whether S&P Dow Jones are doing that here, or if they're planning to have a flagship index that lots of fund managers will be trying to track or beat.
The Winklevoss Bitcoin ETF, years in the making, appears to be stalled as do the other Bitcoin ETFs.
Tangent question: why do financial services pluralize index as 'indexes' rather than 'indices'? Throws me off every time, and seems to be an industry thing.
'indexes' has been a just-fine variant of the plural for a very long time -- actually it's the first one listed in Merriam-Webster, so probably the more common variant, though I haven't dug into other references. That said, you're correct that the more common or preferred variant will depend somewhat on the culture/community/industry. The house style guides in finance probably tend toward 'indexes' -- in part because…
* In a loop i,j,k are the indices. Matrices have indices too.
* Databases have indexes. The things at the back of books are indexes.
Indices are things that represent a position in something. Indexes are the things — the literal “objects” or mappings or trackers.