"Four years ago people thought the CDS iTraxx indices were premature, but that brought new players into the market and now trading volumes are huge."--David Mark, ceo of the International Index Companyin Frankfurt, countering arguments the market for synthetic ABS is not yet liquid enough to merit the creation of an index.
"Four years ago people thought the CDS iTraxx indices were premature, but that brought new players into the market and now trading volumes are huge."
