Q: The LevX subordinated and senior indices started trading on October 31 and November 13 respectively. What has been the immediate effect of establishing loan credit default swap (LCDS) index contracts in Europe and how widespread has subsequent uptake been?
A: Investor interest in LCDS and the LevX has proved strong as clients have realised they can now trade an index representing the broader leveraged loan market. A wide variety of investors are now using the LevX, from bank loan portfolio
The week on Risk.net, July 7-13, 2018Receive this by email