CMBX Indices

Markit, a leading, global financial information services company, today announced the launch of the Markit CMBX.NA.AM sub-indices. The new sub-indices, which start trading today, reference CMBS securities that sit between the CMBX.NA.AJ and CMBX.NA.AAA tranches in the capital structure and were originally rated AAA.

Markit, a financial information services company, today announced that the standard trading convention for Markit CMBX indices will change to price from spread effective April 20, 2009. The change will apply to all Markit CMBX indices of every rating.

Markit CMBX dealers voted to change the standard trading convention in order to increase price transparency by making the upfront value of index contracts explicit.