25 May 2017
Book a meeting today

Markit launches corporate CDS index for Ceemea

05 July 2012  |  1823 views  |  0 Source: Markit

Markit, a leading, global financial information services company, today announced the forthcoming launch of the Markit iTraxx Ceemea, the first credit default swap (CDS) index referencing corporate debt in Central & Eastern Europe, Middle East & Africa.

The index will enable investors to gain or hedge exposure to the CEEMEA region's corporate credit risk and will include corporate issuers from multiple industry sectors. Inclusion in the index is based on the liquidity of a company's CDS and the amount of debt outstanding in the market.

Neil McPherson, Managing Director of Indices at Markit, said: "We are launching this index in response to increasing client demand for an efficient tool to hedge and gain exposure to corporate debt issued in the CEEMEA region. This is a significant addition to our already extensive Markit iTraxx family of indices."

Daily closing prices for the Markit iTraxx CEEMEA indices will be published on www.markit.com.

As previously announced, Markit will also launch the Markit CDX LatAm Corporate index, an index tracking Latin American corporate debt. Both indices are scheduled to launch in the third quarter of this year. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comVisit www.capgemini.com/worldreportsvisit vasco.com/news/PSD2-compliant-solutions

Top topics

Most viewed Most shared
Banks must get on AI bandwagon now – new Finextra researchBanks must get on AI bandwagon now – new F...
9447 views comments | 22 tweets | 31 linkedin
Google and PayPal partner for mobile shopping by fingerprintGoogle and PayPal partner for mobile shopp...
9332 views comments | 28 tweets | 28 linkedin
Twins fool HSBC voice biometrics - BBCTwins fool HSBC voice biometrics - BBC
9062 views comments | 21 tweets | 24 linkedin
BBVA launches Open API marketplaceBBVA launches Open API marketplace
8974 views comments | 43 tweets | 64 linkedin
BBVA brings info and payments to social and messaging networksBBVA brings info and payments to social an...
6831 views comments | 11 tweets | 17 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job