Exceptional Market Conditions and Rule Book Adjustments
In rare circumstances, market conditions may deviate significantly from normal operations, potentially impacting the reliability or representativeness of our indexes. Such conditions may include:
- Extreme market volatility
- Major exchange outages
- Widespread network issues affecting multiple cryptocurrencies
- Regulatory actions with immediate, significant market impact
In these scenarios, CoinAPI reserves the right to take the following actions:
- Temporary Suspension: Index calculation may be suspended if data integrity cannot be assured.
- Alternative Data Sources: We may utilize secondary or alternative data sources as outlined in our data hierarchy.
- Methodology Adjustments: Temporary adjustments to calculation methodologies may be implemented to maintain index integrity.
Any such actions will be:
- Decided by the Index Committee
- Communicated to stakeholders as promptly as possible
- Documented and reviewed post-event
Rule book adjustments resulting from exceptional market conditions will be reviewed within 30 days to determine if they should be reversed or made permanent.
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