Email Contact Phone Company Visit Website

New York Office

40 Fulton Street 11th Floor
New York
NY
US

Location Office

Charlotte House, 47-49 Charlotte Road
London
GB

London Office

Broken Wharf House 2 Broken Wharf High Timber Street
London
GB

Telephone

020 7890 5094

Contact

Teresa Chick
[email protected]
Back to all IHS Markit announcements

Markit LCDX Index Roll Postponed

Markit, a financial information services company that owns the Markit LCDX index, today announced that it has postponed the roll of the index into Series 11 pending the launch of a market standard non-cancellable single name loan credit-default swap (CDS) contract.

Loan CDS dealers are designing a non-cancellable single name loan CDS contract to enhance liquidity by eliminating uncertainty linked to the cancellability of the current market standard contract.

If and when market participants agree on a market standard non-cancellable single name loan CDS contract, Markit will integrate the language and characteristics of this contract into the Markit LCDX index.