Markit IndicesMarkit ABX

The Markit ABX index is a synthetic tradable index referencing a basket of 20 subprime mortgage-backed securities.

Customers:

  • Banks
  • | Asset managers
  • | Hedge funds
  • | insurance companies
  • | Corporate treasurers
  • 10+licensed marketmakers
  • 24sub indices

Email this product

Send using your default email client.

SHARE

Social sharing

Get in touch

Want to talk to the team directly?

Product Summary

Markit ABX helps market participants assess the performance of subprime RMBS. Its liquidity and standardisation enable investors to accurately gauge market sentiment around the asset class, and to take short or long positions accordingly.

    Key Benefits

    • Transparency

      Objective, rules-based approach to index construction and public availability of daily closing prices

    • Standardisation

      Standardised selection of reference obligations, contract documentation and availability of payments amounts, with monthly calculation and posting

    • Sentiment

      Daily composite levels, enabling market participants to track movements in subprime RMBS market sentiment

    • Liquidity

      Free PV calculator provided by Markit to enhance liquidity and transparency around the index

    Documentation

    • Index annexes

      View
    • ABX current prices

      View
    • ABX documentation

      View
    • ABX index news

      View
    • ABX licensed participants

      View
    • ABX settlements RCD

      View