Markit iTraxx LevX Index News
New versions of iTraxx LevX Series 3 and Series 2 Released
06 January 2009 - New versions of the iTraxx LevX Senior and Subordinated Series 3 and iTraxx LevX Senior and Subordinated Series 2 indices have been published to reflect the cancellation of Foodvest Reference Credit Agreements. The Reference Credit Agreement weighting will be set from 1.34% to 0.00% for the iTraxx LevX Senior Series 2 and Series 3 indices and from 2.22% to 0.00% for the iTraxx LevX Subordinated Series 2 and Series 3 indices. The annex date is 06 January 2009.iTraxx LevX Series 2 Version 2 Released
Markit Publishes Final Index Membership and Coupons for the iTraxx LevX indices
September 25, 2008 - Markit today published the final index membership and the coupons for the iTraxx LevX indices. Please find the lists below.
Markit iTraxx Levx Series 3 Final Membership List (pdf) Markit iTraxx LevX Series 3 Presentation (pdf)Markit iTraxx LevX Indices Roll Postponed
September 16, 2008 - Following the sequence of events last weekend, the iTraxx LevX market makers have voted to postpone the roll into iTraxx LevX Series 3 by one week to 29th September 2008.
All rules and processes will be upheld. The maturity of the LevX series 3 indices will remain 20th December 2013 and the effective date will be changed to 29th September 2008.
Markit iTraxx LevX Series 3
September 11, 2008 - The following is the provisional membership list for the iTraxx LevX Series 3 indices:
iTraxx LevX Series 3 Provisional Membership List (pdf)Markit Announces LevX Volumes on First Day of Trading
Markit today announced that the Markit iTraxx LevX (“LevX”), which rolled into its second series on 17 March 2008, traded more than EUR 2.8 billion on its first day of trading. These estimated volumes are based on a desk-by-desk survey of market makers conducted by Markit at close of business yesterday.