Markit Group is buying the International Index Company and CDS IndexCo. The data provider and derivatives trade processing company announced the acquisition of IIC at a press conference in London on November 14 and confirmed the purchase of CDS IndexCo the following week.
IIC owns the iTraxx Europe and iTraxx Asia credit derivatives indices and the global family of iBoxx indices. Its US counterpart, CDS IndexCo, owns the CDX credit derivatives indices as well as the synthetic structured finance a
The week on Risk.net, July 7-13, 2018Receive this by email