Dealers eye slimmed down LevX

15 Sep 2009

Markit has again cut down the number of reference obligations in its European loan CDS index— the LevX— for its next roll, highlighting the lack of liquidity that has plagued the LCDS market but giving dealers hope that the new series will prove more attractive.

It has dropped a further ten names from the already slimmed down LevX series 4 and added none, ensuring that only the most liquid names are included. The new index will reference CDS on loans from just 40 companies.

The series will roll on Monday (September 21). Traders ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.