06 Jan 2004, Solomon Teague, Risk magazine
The Trac-x product family was launched in April and has since grown to include 38 indexes, collectively worth over $150 billion in trades on the over-the-counter market.
“For the first time with the Dow Jones Trac-x family we can offer a transparent, neutrally branded, unbiased and well recognised family of indexes to underline the product,” said Michael Petronella, president of Dow Jones Indexes. The company expects to make similar advances with European and US exchanges, he added.
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