Three exchange-traded funds (ETFs) based on the total return of short European credit derivatives index positions begin trading this week.
The International Swaps and Derivatives Association expects to publish a new single-name European loan credit default swap (LCDS) contract by the end of July.
Two exchange-traded funds are due to be launched referenced to the Frankfurt-based International Index Company’s (IIC’s) series of European credit default swap indexes.
Frankfurt-based International Index Company (IIC) has launched a suite of iBoxx US pension liability indexes, a three-index set of benchmarks designed to mimic pension liability performance.
International Index Company, the Frankfurt-based firm that administers the European and Asian iTraxx credit derivative indexes, has launched three five-year iTraxx credit-linked notes.