Markit Announces Roll of LCDX Index
London and New York - Markit today announced that the Markit LCDX index will roll into its tenth series on 8 April 2008. Markit is the owner of the LCDX family of indices, and a leading provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets.
Changes to index composition
Based on dealer polls conducted by Markit, the following changes have been made to the Markit LCDX. The new series reflecting the changes below will be effective as of the roll date, 8 April 2008. These changes will not affect previous series of the indices.
| Markit LCDX.NA Series 10 | ||
| IN | | OUT |
| Texas Competitive Electric Holdings Company LLC | | Freeport-McMoRan Copper & Gold Inc. |
| Alltel Communications, Inc. | | Knight Inc. |
| Harrah’s Operating Company, Inc. | | Claire’s Stores, Inc. |
| Calpine Corporation | | Insight Midwest Holdings LLC |
| Bausch & Lomb Incorporated | | Solo Cup Company |
| Level 3 Financing, Inc. | | Burlington Coat Factory Warehouse Corporation |
| Mylan Inc. | | Centennial Cellular Operating Co. LLC |
| Rite Aid Corporation | | Education Management LLC |
Detailed constituent lists, daily prices and spreads as well as index documentation, are published on www.markit.com.
- Ends -
For further information, please contact:
Teresa Chick
Managing Director, Corporate Communications
Markit
Email: teresa.chick@markit.com
Telephone: +44-20-7260-2094
Caroline Lumley
Vice President, Corporate Communications
Markit
Email: caroline.lumley@markit.com
Telephone: +44-20-7260-2047
Note to Editors:
About Markit Indices
Markit owns and runs the pre-eminent family of indices that exist today in the credit derivative markets, including Markit CDX, Markit LCDX, Markit iTraxx, Markit ABX and Markit CMBX. Markit indices are traded globally by over 500 institutions.
About Markit
Markit is the leading provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets. The company receives daily data contributions from 90 dealing firms, and its services are used by almost 1,000 institutions to enhance trading operations, reduce risk and manage compliance.