Index Owner HSBC has requested that IHS Markit cease to administer the HSBC USDTRY FX Implied ON Fixing Index (the “Index“) - ticker HSIRTRON.
IHS Markit has been advised by HSBC that the Index doesn’t have any products linked to or otherwise benchmarked against it, and therefore has no stakeholders.
IHS Markit hereby gives three-week notice of its intention to cease administration of the Index and invites stakeholders, if any, to raise objections or other comments as soon as possible (and in any case by Wednesday 3
rd May 2017) via email to Index Administration Services at
MK-IndexAdminConsultation@markit.com.
Markit currently intends to cease administration of the Index on Thursday 4
th May 2017.
Note that this consultation supersedes the one previously posted (
here) for the same Index about methodology changes.