Markit Postpones Markit ABX.HE Launch…
At 21 Jan 2008 14:18:45 in RDR-Indexes, RDR-News in Brief, Reference Data Review
Markit, provider of independent data, portfolio valuations and OTC derivatives trade processing, has postponed the roll-out of the Markit ABX.HE index, a synthetic index of US home equity asset-backed securities, for three months. The new series, the Markit ABX.HE 08-1, was scheduled to launch on January 19 2008. The decision to postpone its launch was taken following extensive consultation with the dealer community. It follows a lack of RMBS deals issued in the second half of 2007 and eligible for inclusion in the forthcoming Markit ABX.HE. The Markit ABX.HE 07-2 remains the on-the-run series until further notice.
















