JPMorgan Preps Asia Credit Index

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JPMorgan Preps Asia Credit Index

JPMorgan is planning to launch a credit derivatives index for non-Japan Asia before the summer. The index will likely be made up of around 25 liquid credits from the region, according to Nick Barnes, v.p. of Asian credit markets in Hong Kong. "It's been a success in Europe and Japan," noted Barnes, explaning the motivation for launching the product.

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