Markit iTraxx LevX Indices
Overview
The Markit iTraxx LevX indices are the first European indices on Leveraged Loans CDS. They are constructed from the universe of European corporates with leveraged loan exposures.
The Markit iTraxx LevX Senior Series 3 Index comprises the 75 most liquid 1st lien credit agreements traded in the European Leveraged Loan CDS market.
The Markit iTraxx LevX Subordinated Series 3 Index comprises the 45 most liquid 2nd and 3rd lien credit agreements traded in the European Leveraged Loan LCDS market.
Official Markit iTraxx LevX Pricing
In its role as calculation agent, Markit calculates the official mid-day (11am GMT) and end-of-day (4:30pm GMT) levels for the Markit iTraxx LevX suite of indices on a daily basis. The results are published below.
Licensed Marketmakers – Markit iTraxx LevX Index
The following are licensed marketmakers for the Markit iTraxx LevX index:
| Bank of America | Barclays Capital |
| BNP Paribas | Calyon |
| Credit Suisse | Deutsche Bank |
| Dresdner Kleinwort | Goldman Sachs |
| JP Morgan | Merrill Lynch |
| Morgan Stanley | Royal Bank of Scotland |
| UBS |