23 October 2016
Visit www.dh.com

Markit launches corporate CDS index for Ceemea

05 July 2012  |  1733 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)
Find out moreFind out moreVisit VocaLink.com

Top topics

Most viewed Most shared
The bank of the future will be invisible - KPMGThe bank of the future will be invisible -...
36380 views comments | 125 tweets | 236 linkedin
New EU rules could cost UK firms £122bn in cybersecurity fines - PCI SSCNew EU rules could cost UK firms £122...
10953 views comments | 31 tweets | 37 linkedin
Barclays and Citi test blockchain tech for equity swaps processingBarclays and Citi test blockchain tech for...
8570 views comments | 26 tweets | 19 linkedin
ING takes fintech startup route to UK relaunchING takes fintech startup route to UK rela...
7142 views comments | 29 tweets | 22 linkedin
Indian banks hit by massive ATM breachIndian banks hit by massive ATM breach
6807 views comments | 16 tweets | 25 linkedin