Tranche trading to launch on ABX

Dealers are to begin trading tranches on the ABX index of US home equity asset-backed securities from February 12. The development will enable investors to speculate on the severity of the outlook in the worsening US housing market.

"There has been growing demand for bespoke synthetic asset-backed securities portfolios, which means the market needs a highly visible transparent correlation measure," says Ben Logan, managing director in Markit's structured finance division in New York.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here