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About the Markit ABX.HE Indices
Working in conjunction with a consortium of key asset-backed security trading desks, Markit acts as administration, calculation, and marketing agent for Markit ABX.HE. Under this broad remit, Markit will provide a number of services and functions to facilitate the transparency, liquidity and standardisation of this new benchmark index, including:
Calculation
- Capturing daily price fixings
- Publishing monthly fixed and floating payments
- Supplying a calculator for the settlement of trades
Administration
- Coordinating issues around rules
- Coordinating operations
Marketing
- Negotiating dealer and data licences
- Producing marketing materials
- Communicating information to the wider market
