IntercontinentalExchange Launches Clearing for Markit iTraxx Senior Financials Index
Proquest LLC |
"We are pleased to extend our comprehensive product suite," said
In a release on
The Markit iTraxx Senior Financials Index references senior debt issued by the 25 financial entities represented in the Markit iTraxx Europe Index.
ICE clears more than 400 single name and index CDS instruments based on corporate and sovereign debt. ICE has cleared approximately
This month marks the fifth anniversary of ICE launching the first CDS clearing house. ICE Clear Credit began clearing CDS in
"Since launching the first clearing house for CDS in 2009, we have been working with market participants and regulators to continually invest in the CDS space, eliminate systemic risk and develop new clearing services," said ICE Clear Credit President
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